Drew Marine announces acquisition of Ocean Signal

(WHIPPANY, N.J.) — Drew Marine, a global leader providing technical solutions and services to the marine industry, announced today the acquisition of Ocean Signal Ltd., an innovative supplier of marine safety and survival equipment.

Ocean Signal will team up with ACR Electronics Inc., a Drew Marine company, known as the global leader in safety and survival technologies. ACR and Ocean Signal have two of the most highly experienced electronic engineering teams in the marine communication industry. Combined they now have the in-house capabilities to develop the next generation of survival products for the maritime, terrestrial, military and aviation markets.

“Ocean Signal brings a strong array of product and technology to Drew Marine. We look forward to growing Ocean Signal and supporting their new product initiatives. Like ACR, Ocean Signal is known for reliable products that perform in the worst conditions the first time, every time. Together the companies offer 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. We are excited to add Ocean Signal to our team,” said Len Gelosa, Drew Marine’s chief executive officer and president.

Ocean Signal Managing Director Alan Wrigley said: “This is an exciting time for Ocean Signal and ACR. 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 toward.”

By Professional Mariner Staff