Laird Technologies acquires Cattron Group

Purchase expands market reach and application software capabilities
By Modern Materials Handling Staff
December 21, 2010 - MMH Editorial

Laird Technologies, a global leader in the design and supply of customized, performance critical components and systems for advanced electronics wireless products, today announced its acquisition of Cattron Group International. Cattron is a market leader in the design and supply of high-reliability wireless remote control systems serving the railroad, mining, and industrial markets globally and its sales revenues for the fiscal year ending Sept. 30, 2010 were $53.8 million. Laird Technologies designs and manufactures customized, performance-critical products for wireless and other advanced electronics applications.

The purchase expands the scope of Laird Technologies’ wireless machine-to-machine (M2M) product offering and the markets those products serve.  In addition to providing custom wireless remote control systems that enable external operation of heavy equipment and vehicles as well as ongoing service for these RC systems, Cattron provides fully hosted networked applications software enabling customers to monitor their remote controlled assets in real time.

Cattron’s headquarters are in Sharpsville, Pa., with additional facilities in North America (Toronto, Canada; Montreal, Canada; Escondido, California), Europe (Mönchengladbach, Germany; Walton-on-Thames, UK), South America (Campinas, Brazil), Africa (Johannesburg, South Africa), and Asia (Shanghai, China).

“Cattron’s leading position in the rail, mining and industrial markets that Laird Technologies does not currently serve will help us grow more broadly in these markets,” said Martin Rapp, CEO of Laird Technologies. “Their experiences and capabilities in providing broad applications software and full systems will help Laird Technologies continue to expand our offering in the large and rapidly growing M2M market.”

“Cattron is very excited to join Laird Technologies, a truly world-class company. Laird’s strength in wireless communications technologies, global operational capabilities, and access to growing international markets will help Cattron to reach the next level of providing the best in safety and productivity solutions to our customers,” said John Paul, CEO of Cattron.

Laird Technologies, a unit of Laird PLC, employs over 10,000 employees in more than 39 facilities located in 13 countries.



Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The American Association of Port Authorities (AAPA) had nothing but praise for the Senate passage over the past weekend of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015).

While there are apparent benefits to switching from diesel fuel to natural gas in terms of promised climate benefits, they come with a catch according to a research paper recently researched by the Environmental Defense Fund (EDF).

The popularity of cloud computing has consumed headlines ranging from fear and doubt, to claims of being the ultimate answer to all software applications in the enterprise. You may be asking yourself, what's the real story? Download the white paper, WMS in the Cloud, today to find out if cloud computing is right for your business.

A well-designed driver wellness program could make the job more attractive and help alleviate driver turnover.

Download this new white paper to understand vital (and complex) customs requirements and competitive strategies for business shipping through the US/Canada border.

Comments

Post a comment
Commenting is not available in this channel entry.