W&O acquires EMI

EMI, a marine integrator of vessel monitoring and control systems, can provide such technologies as throttle control levers for the port and starboard engines built into the Pilothouse Propulsion Control Station EMI, a marine integrator of vessel monitoring and control systems, can provide such technologies as throttle control levers for the port and starboard engines built into the Pilothouse Propulsion Control Station

JANUARY 6, 2016—W&O, Jacksonville, FL, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation, and engineered solutions, has acquired Engine Monitor Inc. (EMI).  Based in St. Rose, LA, EMI provides engineering and manufacturing as a marine integrator of critical vessel monitoring and control systems.  In addition, EMI offers after-the-sale support via a highly skilled field service team, expert in-house repair capabilities and a diverse engineering team.

EMI offers everything from hydraulic steering systems to propulsion control systems to vessel & valve automation for offshore service boats, tugs, towboats, and yachts.

“W&O and EMI have collaborated on a number of successful projects over the years.” says Michael Hume, W&O President.  “Our skill sets, laser focus on the maritime industry, and our similar cultures complement each other and make this acquisition a perfect fit.” 

By combining resources, W&O and EMI will accelerate the growth and market share of both companies. For EMI, W&O provides access to a robust, global market, strong financial backing, and a sales force of over 30 professionals who blanket North America and Europe. For W&O, EMI provides access to cutting-edge vessel steering, monitoring, and control systems, superb technical expertise, a great reputation in the inland waterways, and experienced engineers/field technicians.  EMI will continue to operate out of St. Rose, Louisiana and maintain the trade name that has become synonymous with quality and reliability.

EMI’s Founder and CEO Ken Cognevich says, “We are thrilled to join the W&O team and look forward to the positive impact that the combined W&O/EMI will have on the maritime industry and the customers that we have both served for over 40 years.” Cognevich will remain the CEO of EMI and work closely with Hume and his team.

 

Want more? Subscribe now!

News from NASDAQ