Beloit, Wis., headquartered Fairbanks Morse Defense (FMD), a portfolio firm of Arcline Investment Management, has finalized a teaming settlement with Caley Ocean Systems, a Pryme Group company, to pursue launch and restoration system (LARS) and different naval mechanical dealing with alternatives.
This collaboration expands FMD’s capabilities to supply best-in-class marine applied sciences whereas strengthening Glasgow, Scotland, based mostly Caley Ocean Systems’ presence within the U.S.
“Fairbanks Morse Defense remains committed to supporting our customers through an expanding range of products and services,” stated FMD CEO George Whittier. “This collaboration with Caley Ocean Systems contributes to our ability to provide technologies and products that will redefine the limits of maritime technology.”
Through this settlement, Caley may have entry to FMD’s world community of extremely educated discipline service technicians and strategically positioned service facilities.
Established in 1968, Caley Ocean Systems has established itself as a premier producer of offshore dealing with methods catering to worldwide markets. The firm focuses on engineering design, meeting, testing, set up and onsite help. It additionally offers A-frames for submersibles and oceanographic analysis vessels, winch methods, and dive dealing with methods. It presently holds 5 patents, with one pending, and has confirmed itself a key innovator enabling purchasers to effectively ship their tasks in among the harshest marine circumstances.
“Fairbanks Morse Defense’s extensive field service network and focus on supporting naval customers will provide new opportunities for Caley Ocean Systems and unparalleled support to our customers when and where they need it,” stated Kerrie Murray, CEO of Pryme Group. “Furthermore, FMD shares our values regarding delivering superior strategic solutions and customer service, and we are confident this agreement will deliver tremendous value across our combined customer community.”
