Drew Marine's Acquisition of Chemring Marine Completed

press release
Monday, August 06, 2012

Drew Marine has completed the acquisition of the Chemring Marine business, now named Drew Marine Signal and Safety (DMSS).  DMSS brings 125 new employees to Drew Marine with locations in Bremerhaven, Germany, Hampshire, UK, Pamplona, Spain, and Melbourne, Australia.

 

DMSS is a manufacturer and supplier of pyrotechnic marine distress signals business, under recognized brands such as Comet, Pains Wessex, Oroquieta and Aurora.  DMSS offers a large selection of SOLAS compliant products sold through an unparalleled distribution network in 80 countries.  It also sells signal and safety products to the non-SOLAS/leisure market.

 

Len Gelosa, Drew Marine’s President & CEO said “As a global organization, it is imperative that we continue to grow in ways that support our mission of providing a superior brand, products and services to our customers.”  Drew Marine Signal and Safety is complimentary to Drew Marine’s expanding Fire and Safety business.

 

Drew Marine provides technical solutions and services to the marine industry.  Recognized products and services include Water Treatment, Fuel and Energy Management, Maintenance Chemicals and Coatings, Welding and Refrigeration, Sealing Products and the Fire, Safety & Rescue business.

  

Drew Marine was acquired by J.F. Lehman & Company in 2009.  J.F. Lehman & Company is a middle-market private equity firm focused on the defense, aerospace and maritime sectors.
 

Email AddThis Feed Button
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Maersk Drilling Fast Out of the Blocks in 2013

Interim financial results for Q1 2013 show a strong start to 2013 by Maersk Drilling. With an increase in profit to USD 146 million in the first quarter of 2013

Port of LA Wins Presidential 'E Star' Award

The Port of Los Angeles’ Trade Connect program has earned the nation’s highest honor for promoting American export trade. The Port was among the 2013 honorees

China Development Bank Grants Paragon Credit Facility

Greece's Paragon Shipping Inc. obtains a $69-million credit facility with China Development Bank  to partially finance its two 4,800 TEU containerships currently under construction.

Marine Equipment

W&O Realizes SeaCor Pipe-dream

W&O designated preferred North American distributor of first United States Coast Guard-approved marine plastic piping system. W&O, a global supplier of marine pipe,

Deepwater Waterjet Highlighted by Chukar

Chukar Waterjet, Inc. has released a new brochure highlighting its subsea waterjet equipment. The brochure outlines Chukar’s deepwater subsea waterjet skid capabilities

Omega's Debuts New Thermistor Probes

Omega introduced its new Thermistor Probes with M12 Connections, to be featured at the Sensors Expo and Conference. The TH-21 Series thermistor probes are constructed

Maritime Safety

Insights: Rear Admiral Joseph A. Servidio

Assistant Commandant for Prevention Policy United States Coast Guard Rear Admiral Joseph A. Servidio is Assistant Commandant for Prevention Policy overseeing Inspections and Compliance,

Emergency Personnel Participate in Oil Spill Response Program

Nearly 250 first responders participated in a National Preparedness Response Exercise Program in Los Angeles including U.S. Coast Guard, Chevron, California Department

MOL Completes Containership Collision Drills

Mitsui O.S.K. Lines, Ltd. (MOL) announced the completion of a tabletop drill done in cooperation with the fifth Regional Coast Guard Headquarters. The scenario

Mergers & Acquisitions

Harkand Set to Acquire Veolia Marine Services

Harkand, the international subsea inspection, repair, maintenance and light construction group, announced an agreement to acquire the main assets and business of Veolia Marine Services (VMS).

MHI Acquires Pratt & Whitney Power Systems

Mitsubishi Heavy Industries, Ltd. (MHI) completed its acquisition of Pratt & Whitney Power Systems, the small and medium-size gas turbine business unit of Pratt & Whitney (P&W),

Tidewater to Acquire Troms Offshore Supply

US Firm, Tidewater, agrees with HitecVision to purchase Norway's Troms offshore, including 5 large PSV's. Tidewater say that the acquisition of Troms Offshore,

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright