Electro-Nav Acquires Marine Division Of British Electronics Firm

Electro-Nav president Robert E. Negron announced recently that agreement had been reached with Britain's Redifon Telecommunications Ltd. to transfer ownership and operation of Redifon's Marine Division to the newly formed Electro-Nav International Ltd., a wholly owned subsidiary of Electro-Nav Inc.

Mr. Negron, who assumes the chairmanship of Electro-Nav International, said he considers the high caliber of the technical staff in the acquired division to be a valuable asset for Electro-Nav's planned growth.

Electro-Nav represents more than 80 international marine electronics manufacturers, and has close working relationships with manufacturers and technical service organizations in more than 50 countries in Europe, Africa, the Far East, and the Western Hemisphere.

The new acquisition will enable Electro-Nav to provide more comprehensive worldwide technical services to its customers, and will significantly broaden the base of its European operations.

Under the acquisition agreement Redifon will continue to manufacture spare parts and support to maintain existing leasing and service contracts of the former division. E l e c t r o - N a v will take over all existing stocks of Redifon's deepsea equipment to maintain supplies of spares and technical service support. Electro- Nav will assume responsibility for all future marketing and associated activities. Both companies also agreed to maintain close contacts on both commercial and technical levels, so that the interests of the customers of the former division will be fully safeguarded.

Other stories from July 15, 1980 issue


Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.