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Mackay Communications acquires CMC Electronics’ marine business

Mackay Communications acquires CMC Electronics’ marine business
Mackay Communications has acquired Canadian CMC Electronics’ marine business from parent Esterline, as well as adding service stations in Asia and the U.S. Gulf.

The move was part of a plan by Esterline to divest its marine 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 (circa 1903).

Mackay will set up a new regional division, Mackay Marine Canada, comprising Mackay’s Vancouver office and CMC Electronics’ marine locations, adding up to five Mackay offices in Vancouver, Quebec City, Halifax and Yarmouth, and St. John’s.

“The acquisition by Mackay Communications will allow our commercial marine business to capitalize on its accomplishments and growth potential under the ownership of a marine-oriented company,” said Robert Barkley, newly appointed president of Mackay Marine Canada. “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 realize even greater success.”

Jeff Schlacks, president of Mackay Communications, stated: “Mackay is delighted and honored to attract the talented and dedicated employees of CMC Electronics’ commercial marine group to our company, along with the enthusiastic support of their excellent customer base, and complimentary vendors. Joining our two operations will bode well for all stakeholders.”