PERTH, Australia – Mobilarm Ltd. has acquired Marine Rescue Technologies. The sale and purchase agreement covers all Marine Rescue Technologies Ltd assets, including the entire Sea Marshall product line.
“We are pleased to have completed the acquisition of MRT as it will allow us to continue growing our presence in the global offshore oil and gas, defense and commercial marine sectors,” said Mobilarm CEO, Lindsay Lyon. “This is another critical milestone for Mobilarm, and with the addition of the Sea Marshall brand to Mobilarm’s product portfolio, we have created the world’s leading man overboard safety company.
“Mobilarm would formally like to welcome David Marshall and his team, and we look forward to working together to integrate Sea Marshall with the Mobilarm brand. Our focus is to continue growing the business, drawing on the talents of our remarkable workforce. As a unified team we will address the needs for improved personnel safety in various commercial maritime sectors and regions, through further technology development and strong distribution and sales channels.”