ACR Electronics Announces Acquisition of Ocean Signal

FORT LAUDERDALE, FL— May 1, 2015 — ACR Electronics, Inc., a Drew Marine company and the global leader in safety and survival technologies, today  announced its acquisition of Ocean Signal, Ltd.,  an innovative supplier of marine safety and survival equipment.

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 has pioneered a number of innovations in marine safety,” said Gerry Angeli, President of ACR Electronics. “Their ability to create a strong brand in a short period of time is a testament to their product design, quality and understanding of the market. 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.”

The combination of the ACR and Ocean Signal brands bolster the product lines for the marine market place.  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.

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 towards.” 

Financial terms of the acquisition will not be released.

About ACR Electronics, Ltd.

ACR Electronics, Inc., a Drew Marine company, is a world leader in safety and survival technology.  ACR designs, manufactures, and markets a comprehensive product line of electronic survival products for the maritime, aviation, outdoor AND military marketsACR product lines include a full range of 406 MHz distress beacons including EPIRBs, Personal Locator Beacons, and ARTEX ELTs, as well as Search and Rescue Transponders (SARTs), Rescue Strobe Lights, Searchlights, VHF Radios and Survival Accessories. 

ACR’s headquarters and manufacturing is located in Fort Lauderdale, FL and is registered to the international quality system standards AS9100C (Aerospace) and ISO-9001.  Additionally ACR maintains FAA Part 145 Repair Station Certification status.   For more information about ACR Electronics, or any of ACR’s brands including ARTEX, please go to www.ACRARTEX.com.

About Ocean Signal

Communication and safety at sea specialist Ocean Signal™ is dedicated to providing the technology and quality of product that will set industry standards.

Ocean Signal’s rescueME range of products, which includes the rescueME PLB1, the rescueME MOB1, the rescueME EPIRB1 and the rescueME EDF1 electronic distress flare, and SafeSea range of GMDSS products, including the E100 and E100G EPIRB, S100 SART and V100 handheld VHF radio, provides both recreational and commercial mariners with simple to use, compact and affordable life-saving solutions. All products are engineered by a highly experienced team of marine electronics professionals.

Safety and communication products from Ocean Signal offer exceptional value, meeting or exceeding international technical and safety standards. Careful design and innovation provides commercial shipping, fishing and recreational users the confidence that their Ocean Signal equipment will work to, and beyond, their expectations when it is needed most.

For further information on the full range of products available from Ocean Signal, please go to www.oceansignal.com.

All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

 

ACR Media Relations:

Mikele D’Arcangelo

+ 1 954-862-2115

Mikele.Darcangelo@acrartex.com

Or Visit Our Website at:

www.acrartex.com