SAM Electronics Acquires APSS

SAM Electronics of Hamburg, a wholly-owned subsidiary of L-3 Communications, New York, has acquired APSS S.r.l. of Italy, a leading supplier to the domestic marine market.

Based in Diano d’Alba, APSS is an acknowledged specialist integrator of automation systems and manufacturer of control components. Customers include high-end Italian shipyards producing cruiseliners, ferries and chemical carriers.

APSS enhances the broad international presence of SAM Electronics and its Danish-based subsidiary Lyngsø Marine. Additionally, together with its strategic partner, L-3 Valmarine of Norway, APSS provides an opportunity for accelerated growth within the marine automation segment. Commenting on the new acquisition, Klaus Lorenz, President of SAM Electronics noted: “It further consolidates L-3 Communications’ and SAM Electronics’ marine automation expertise while also strengthening our international role as a major supplier of advanced automation systems to the world shipbuilding industry”.

APSS has been an important partner with L-3 since 1993. In particular, APSS has enabled L-3 Valmarine to become a market leader in Italy for integrated automation systems (IAS) aboard cruise vessels. “Being now teamed with SAM Electronics and L-3 Communications represents a significant step towards our continued growth”, said Ornella Bracco, President of APSS.

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