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Chelton Ltd Acquires Nauticast AG; U.S.-based ACR Electronics, Inc. to add Automatic Identification System.

Publication: Business Wire
Publication Date: 28-OCT-03 		Format: Online - approximately 539 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors/High-Tech Writers

VIENNA, Austria--(BUSINESS WIRE)--Oct. 28, 2003

The U.K.-based Chelton Ltd, a member of the Cobham plc Group, comprising a global network of companies active in maritime and aviation industries, has acquired 100% of Austria-based Nauticast AG, an Automatic Identification System (AIS) supplier.

Nauticast will be managed by Fort Lauderdale, Florida-based ACR Electronics, Inc., a member of the Chelton Group of Companies and considered the world leader in safety and survival technologies. ACR operates in the marine, aviation, outdoor...

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