DREW MARINE AND ACR HAS BEEN SOLD TO THE JORDAN COMPANY

Drew Marine recently announced that it is merging with ACR Electronics, Inc. ACR is a global provider of security products including devices that save lives, as rescue lights, security lights, and other safety equipment that were sold during decades under the ACR and Artex brands.

Drew Marine is a global provider of technical solutions and services to the maritime and offshore industries specializing in fire, safety and rescue (FSR), the treatment of water chemistry maintenance, fuel management and welding, etc...

The ACR and ARTEX brands - such as Drew Marine Pains Wessex, Comet, Aurora and brands Alexander / Ryan - are known worldwide.

Headquartered in Whippany, NJ, Drew Marine and ACR operations are headquartered in Fort Lauderdale, FL, where they remain.

The fusion is carried out simultaneously with the sale of two of Drew Marine and ACR to The Jordan Company. The Jordan Company, founded in 1982, is a leading middle market private equity firm with approximately $6 billion in assets under management and a successful track record of investment and business growth through a wide range of industries, based in New York and offices in Chicago and Shanghai.

IBERIA LS ENGINEERS WILL PARTICIPATE IN THE HOOK REPLACEMENT TRAINNING AT HATECKE FACILITIES

Impending mandatory changes in lifeboat hook designs promise to address recurring accidents that have resulted in injuries and deaths.

All hook design manufacturers must perform a design review, followed by physical testing under load, witnessed by a third party such as a classification society. If a hook system fails at any point during the evaluation process, it will be deemed non-compliant. According with the new regulation msc.1/1392 any non-compliant hook release systems have to be replaced on ships by their next dry dock period after July 1, 2014, and before July 1, 2019. The evaluations will aim to identify fine tolerances or component deterioration that could jeopardize the safe operation of a hook release and retrieval system.

Due all these reasons our team will be ready to carry out from April this year hook replacements according MSC.1/1392 in Spain.

If you need more information please contact Iberials Lifeboat Service through our website. We are at your disposal for any questions.