Successful acquisition

Tuesday, 04 March, 2008

Codan Limited has acquired Australian-based metal detection and electronics business, Minelab Electronics Pty Ltd.

Plans to acquire the Minelab businesses for $70.5 million were previously announced on 15 February.

The businesses acquired by Codan are all of Minelab’s metal detection technology operations covering global consumer and countermine markets, and Minelab’s wholly owned subsidiary Parketronics, which provides electronics manufacturing and testing services for Australian manufacturers.

Related News

Airservices signs MOU on space-based comms test

Airservices Australia and Skykraft will share information and technical expertise as part of the...

Canadian city transit selects Omnitronics' solution

Longueuil's transit corporation will use Omnitronics' omnicore dispatch system to connect...

Petroleum Authority of Thailand chooses DAMM TETRA

The Petroleum Authority of Thailand has chosen a bridged TETRA solution from DAMM for the...

  • All content Copyright © 2021 Westwick-Farrow Pty Ltd