Drew Marine acquires UK-based marine equipment firm Ocean Signal
Technical solutions provider Drew Marine has acquired UK-based marine safety and survival equipment supplier Ocean Signal for an undisclosed amount.
Technical solutions provider Drew Marine has acquired UK-based marine safety and survival equipment supplier Ocean Signal for an undisclosed amount.
Ocean Signal will join Drew’s subsidiary ACR Electronics, which offers safety and survival technologies.
Once partnered, the firms will develop the next generation of survival products for the maritime, terrestrial, military and aviation markets, the company stated.
Ocean Signal managing director Alan Wrigley said: "This is an exciting time for Ocean Signal and ACR.
"Together we will redefine safety and survival technology in order to save more lives around the world."
"This combination will allow Ocean Signal to expand its capabilities and together we will redefine safety and survival technology in order to save more lives around the world, which is the objective we are all working towards."
The companies’ new offering will include products such as a full range of emergency position indicating radio beacons, personal locator beacons, search and rescue transponders, AIS man overboard beacons, VHF radios, searchlights, rescue strobe lights, pyrotechnics and safety accessories.
Established in 2008, Ocean Signal focuses on meticulous design and development programme and a range of easy-to-use, compact products.
ACR Electronics president Gerry Angeli said: "Like ACR, Ocean Signal is known for reliable products that perform in the worst conditions the first time, every time and we are excited to add them to our team."
Recently, the company launched the rescueME MOB1 and rescueME EDF1 electronic distress flare to add to its established portfolio of rescueME and SafeSea products.