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 March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

BP to Outline Enhanced Oil Recovery

Euan Duncan, Discipline Lead Reservoir Engineer at BP, will address SPE Aberdeen’s members and the wider public on April 23, at a presentation covering how EOR

BP Spill Compensation Battles Rage On

BP pays billions in compensation but some claims still unpaid; Oil still appearing on beaches in Gulf of Mexico. Company says claims process is flawed, not all oil from spill.

DP World Inaugurates Jebel Ali Inspection Facility

DP World informs it has inaugurated the largest and latest container inspection facility at its flagship Jebel Ali Port in Dubai. The new facility is one of the

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Repair Winch
rss | archive | history | articles | privacy | 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: 0.1070 sec (9 req/sec)