Tideland Signal Corporation announced that it has entered into a definitive agreement to acquire the IMT B.V. Group of Companies.
IMT develops lighting, navigation and signalization products and systems with clients ranging from offshore to marine, construction and governmental organizations.
By acquiring IMT, Tideland expands its product portfolio with Helideck and Circle-H Signalization and Lighting Control Systems, Aids to Marine Navigation, Offshore Platform Signalization, Obstruction Warning Lighting, as well as Offshore Wind Farm Lighting and Signalization.
In operation for over 30 years, IMT operates globally with headquarters in The Netherlands and subsidiaries in Singapore, the U.K. and Germany.