Skip to main content

ACR Electronics acquires Ocean Signal

Ocean Signal, a supplier of marine communication and safety equipment, said today that it was acquired by Drew Marine.

Fort Lauderdale-based safety and survival technology manufacturer ACR Electronics announced today its acquisition of Ocean Signal Ltd., a British supplier of marine safety and survival equipment.

Combining two highly experienced electronic engineering teams, ACR and Ocean Signal now have the in-house capabilities to develop the next generation of survival products for the marine, land, military and aviation markets, according to executives from both companies.

“This is an exciting time for Ocean Signal and ACR,” Ocean Signal managing director Alan Wrigley said in a statement. “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.”

Ocean Signal will continue to operate from its UK base in Margate, England, with Wrigley continuing as managing director.

ACR said the financial terms of the acquisition will not be released.

Related

Norm#4

Doing Good for a Good Night’s Sleep

The Massachusetts Marine Trades Association partnered with “A Bed for Every Child” to build beds for families in need.

1_RBFF.BOARD

RBFF Adds Six Board Members

The foundation said the board members add a breadth of experience from the fishing and boating industries as well as state government agency work.

1_PULSE.PING

DEALERS: How Was Business in the First Half of 2022?

Did the first six months of the year meet your expectations, and did you make budget? Take the Pulse Report survey here.

1_AKZO.CEO

AkzoNobel Names New CEO

The company said Gregoire Poux-Guillaume’s experience as CEO of two other companies includes a track record of growth and teambuilding.

1_FLEXOFOLD

Flexofold Hires New Managing Director

The company said Henning Uldall will concentrate on sales growth and moving the company to a new headquarters.

1_STO.AWARDS

Soundings Trade Only Announces Fifth Annual Most Innovative Marine Company Awards

The global program will recognize transformative innovation and ingenuity that benefits the marine industry.

1_YAMAHATARPONTRUST

Yamaha Is Now the Official Outboard of BTT

The outboard manufacturer announced a sponsorship of the Bonefish & Tarpon Trust, which aims to protect and conserve populations of the popular gamefish.

1_BTN

The Only Strength Is in Sail

Overall demand trends are still very strong even though recreational boat registrations continue to plunge in most vessel categories. Only three of the 15 boat-type categories saw increases in April 2022—sail was the lone category that was up in March.