Airmar acquires Marport fishing division
Airmar Technology Corporation has acquired all of the assets of Marport Deep Sea Technologies’ Commercial Fishing division.
Airmar will also acquire the name ‘Marport’ and the web domain (www.marport.com) as a part of the transaction. Airmar’s president and chief operating officer, Matt Boucher, stated, “The integration of our ultrasonic transducers and sensor technology coupled with Marport’s Software Defined Sonar will make us the partner of choice in the commercial fishing market today and well into the future.” The terms of the acquisition have not been disclosed.
Airmar began collaborating with Marport approximately eight years ago and the two companies have a history of working together to develop products that have been successfully commercialised. Airmar and Marport will continue to jointly develop new products in the same manner, but will focus heavily on bringing new products to market quickly, improving lead times for existing products, and improving distribution channels.
“Marport has spent the last 16 years engineering and developing robust products and providing excellent service to its customers worldwide,” said Óskar Axelsson, Marport Deep Sea Technologies, executive vice president – sales. “We have been working successfully in partnership with Airmar Technology for a long time. We are looking forward to becoming a part of their comprehensive offerings and to significantly expand our commercial fishing product range and customer base.”
LATEST PRESS RELEASES
Cordex maintains a permanent stable growth on its CordexAqua segment – Ropes and Yarns for Fishing &... Read more
The Icelandic tech company Trackwell recently won an open tender to provide Vessel Monitoring System... Read more
Good quality wet weather gear is a must-have for any fishing professional. But finding the best gea... Read more
Good quality wet weather gear is essential when your job involves exposure to the elements, but if y... Read more
Future generations will need to produce more with less. Read more
Actions for investment and financing opportunities together with the day to day practicalities of ru... Read more