SAM Electronics Acquires APSS

Friday, October 19, 2007
SAM Electronics of Hamburg, a subsidiary of L-3 Communications, New York, has acquired APSS S.r.l. of Italy, a leading supplier of automation equipment and control assemblies to the domestic marine market. Based in Diano d’Alba, APSS is an acknowledged specialist integrator of automation systems and manufacturer of control components. Customers include high-end Italian shipyards building cruiseliners, ferries and chemical carriers. Acquisition of the Italian company enhances the broad international presence of SAM Electronics and its Danish subsidiary, Lyngsø Marine. Additionally, together with its strategic partner, L-3 Valmarine of Norway, APSS provides further opportunities for accelerated growth within the automation sector of the marine industry. Commenting on the new acquisition, Klaus Lorenz, President of SAM Electronics, noted: “It further consolidates L-3 Communications’ and SAM Electronics’ marine automation expertise while also strengthening our international role as a major supplier of advanced systems to the world shipbuilding industry”. APSS has been an important partner with L-3 since 1993, enabling L-3 Valmarine to become a market leader in Italy for integrated automation systems (IAS) aboard cruise vessels. “Being now teamed with SAM Electronics and L-3 Communications represents a significant step towards our continued growth”, said Ornella Bracco, President of APSS.
Maritime Reporter February 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Barril Appointed COO of SBM Offshore

SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015.  Philippe's appointment as a

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Naval EXPO Coming to Washington

For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.1561 sec (6 req/sec)