Wescom Group make acquisition of MRT
World-leading emergency distress signal manufacturer Wescom Group has expanded their presence in the marine survival market with an exciting acquisition.
UK-based personal locator beacon manufacturer Marine Rescue Technologies (MRT) has become part of Wescom Group from 2nd November 2022, further enhancing the groups’ profile as a primary source of marine distress and safety signalling.
Reinforcing Wescom Group’s vision to grow its portfolio of marine survival solutions, the acquisition of MRT enables the business to provide both pyrotechnic and electronics signalling products for both customers and partners.
Wescom Group Chief Executive Officer, Ross Wilkinson commented, “We are delighted to have welcomed MRT to the Wescom Group; this acquisition accomplishes a significant step forward in expanding our survival solution product portfolio. Like Wescom, MRT has a rich history within the marine safety sector, and we are excited to work with the management team in growing the business”.
Ryan Petit, CEO of MRT stated, “Thanks to our shared culture, combined product knowledge and primary focus on life-saving, this is an incredible opportunity to accelerate the company’s growth into new markets”.
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