MacArtney Expands into Atlantic Canada
Business acquisition of EMO Marine Technologies Ltd. (EMO Marine) consolidates MacArtney’s presence on the Canadian east coast; acquiring the Canadian company ensures optimum positioning of the sixth regional operation in the North American market
Canadian manufacturer of subsea communication systems, EMO Marine, is the latest acquisition of the MacArtney Group. EMO Marine is a technology company founded in 2012 specializing in engineering and manufacturing of a range of fiber optic video/data transmission systems appropriate for various marine and subsea applications.
MacArtney said it sees great potential in the ever growing marine sector on the east coast of Canada which is centered around Nova Scotia. The acquisition executes MacArtney’s commitment to being a global provider of underwater technology solutions with strong local presence.
With the recent acquisition, MacArtney inaugurates the MacArtney Canada Ltd., which will be run as an independent unit under the MacArtney Inc. umbrella as the sixth regional operation in North America and serve MacArtney’s main markets being oil and gas, ocean science, defense, marine construction, fisheries and marine renewables, including OEMs, shipyards and other suppliers catering to these markets.
Along with maintaining manufacturing of the current EMO Marine product line, MacArtney Canada Ltd. will be responsible for marketing and selling the entire MacArtney product and service portfolio, including some agency products.