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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DP World's H1 Volumes Rise

Ports operator DP World reported on Tuesday first-half 2016 gross container volumes up 1.2 percent on a like-for-like basis and up 2.5 percent on a reported basis.

Samil PwC Okays Hyundai's Management Improvement Plan

Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement

Volvo Penta Names Brown Commercial Marine Sales Director

Dave Brown has joined Volvo Penta of the Americas as director of commercial marine sales.   In this new position, Brown will provide strategic and administrative

 
 
Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Sonar 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: 0.0854 sec (12 req/sec)