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Mackay Communications buys Canadian business

Maritime electronics and communications provider Mackay Communications has acquired the marine business of CMC Electronics of Canada, the company reports.

{mprestriction ids="1,2"}The deal also includes service stations in Asia and the US Gulf, which will support Mackay’s plans to offer 24/7 marine service on a global basis, with offices at major ports.

CMC Electronics’ parent company Esterline, a supplier of aviation systems, is divesting from the maritime sector to concentrate efforts on its core aviation business. CMC Electronics’ maritime brand traces its roots to the Canadian Marconi Company (CMC); originally the Marconi Wireless Telegraph Company of Canada.

Following the deal a new regional division, Mackay Marine Canada, will blend Mackay’s Vancouver office and CMC Electronics’ marine locations; resulting in five Mackay offices in Vancouver, Quebec City, Halifax and Yarmouth, and St. John’s.

Robert Barkley, former general manager of CMC Electronics’ marine segment, has been appointed president of Mackay Marine Canada.

“CMC’s marine business has achieved an excellent reputation as Canada’s largest and most successful marine electronics supplier and service provider,” he said.

“The acquisition by Mackay Communications will allow our commercial marine business to capitalise on its accomplishments and growth potential under the ownership of a marine-oriented company.”

“By joining forces with Mackay, a premier supplier of marine electronics and world-class service, with 125 years of experience, the new Mackay Marine Canada team will prosper and realise even greater success.”

Mackay has opened four new locations in 2015, including Gulf Coast Mackay Marine Mobile, as well as Qingdao, Hong Kong, and Malaysia service stations, to complement existing Singapore and Shanghai sales and service facilities in Asia.

The company will close out the year with 30 wholly-owned marine sales and service operations, 15 in the US, five in Canada, and 10 additional worldwide locations, with a network of more than 90 global service agents.{/mprestriction}

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