Wescom Group acquires Marine Rescue Technologies
Emergency distress signal manufacturer Wescom Group has acquired UK-based personal locator beacon manufacturer Marine Rescue Technologies (MRT).
The acquisition, it’s reported, will expand the group’s presence in the marine survival market, enhancing its profile as a source of marine distress and safety signalling.
“We are delighted to have welcomed MRT to the Wescom Group; this acquisition accomplishes a significant step forward in expanding our survival solution product portfolio,” says Wescom Group CEO, Ross Wilkinson. “Like Wescom, MRT has a rich history within the marine safety sector, and we are excited to work with the management team in growing the business.”
In 2023, Wescom will celebrate 150 years of the manufacture and distribution of survival pyrotechnics. The buyout of MRT will expand its range of marine survival solutions enabling the business to provide both pyrotechnic and electronics signalling products for customers and partners.
Ryan Petit, CEO of MRT, adds: “Thanks to our shared culture, combined production knowledge and primary focus on life-saving, this is an incredible opportunity to accelerate the company’s growth into new markets.”
The team will be exhibiting at METS 2022 on stand 03.222, demonstrating the company’s full range of pyrotechnics and beacon solutions, including the preview of the sMRT Shield 406 & AIS PLB.
In 2021, the Wescom Group acquired defence signalling manufacturer PW Defence to expand its product portfolio in the defence market and international sales network.
