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.
 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MOL Expands Container Fleet

Mitsui O.S.K. Lines, Ltd. announced today that the company has signed a deal for construction of four 20,000 TEU containerships with Samsung Heavy Industries.

Record Thames Ridership

A record 9.8 million passengers are using the River Thames‎, two years on from the launch of the Mayor's River Action Plan, it was announced today. The River Action Plan,

Tallink & Meyer Turku to Build LNG Ferry

AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of LNG powered fast ferry for Tallinn-Helsinki route shuttle operations. The dual

Marine Equipment

Tallink & Meyer Turku to Build LNG Ferry

AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of LNG powered fast ferry for Tallinn-Helsinki route shuttle operations. The dual

USCG Free Boat from Ice Near Woods Hole

A Coast Guard crew responded to a fishing vessel trapped in ice in Woods Hole Passage, Woods Hole, Massachusetts, Saturday. At about 3 p.m., the crew of the fishing boat Capt.

COMPIT to Showcase Smarter Ships, Systems & Solutions

The 14th International Conference on Computer and IT Applications in the Maritime Industries (COMPIT) will take place from 11th to 13th May 2015 in Ulrichshusen, Germany.

Maritime Safety

Italy to Begin Naval Exercises off Libya

Italy will begin annual naval exercises this week near the coast of Libya, where a breakdown in order has allowed tens of thousands of migrants to try to reach

Hijacked Indonesian Vessel Found in Philippines

The hijacked Indonesian cargo ship Rehoboth has been found abandoned in waters off Mati town in Davao Oriental province off the southern Philippines coast, says the  the Philippine Coast Guard (PCG).

Canadian Submarines Ready to Hit the Sea

For the first time since they were purchased in 1998, the Royal Canadian Navy has reached a stage where three of its four diesel-electric submarines are now shipshape and available for operations.

Mergers & Acquisitions

MOL Expands Container Fleet

Mitsui O.S.K. Lines, Ltd. announced today that the company has signed a deal for construction of four 20,000 TEU containerships with Samsung Heavy Industries.

VLCCF - 4Q & FY 2014 Results

Knightsbridge Shipping Limited ( VLCCF ) reports net income of $5.2 million and earnings per share of $0.06 for the fourth quarter compared with a net loss of $6.

NMM lines up Box Buy

Navios Maritime Partners L.P. (NMM) an international owner and operator of container and drybulk vessels, announced today that it has secured, for no consideration,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2478 sec (4 req/sec)