Beloit, Wis.-based Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management has acquired U.K.-based davit specialist Welin Lambie Ltd.
FMD says the acquisition further expands its capabilities and service solutions for shipyard, defense, and commercial marine customers, including the U.S. Navy, the U.S. Coast Guard, and the Canadian Coast Guard.
Additionally, says FMD, the acquisition enhances its product and service offerings for future uncrewed ship programs, as...
https://www.marinelog.com/news/fairbanks-morse-defense-acquires-davit-specialist/