MarineGuard Systems Limited has acquired Exploration & Production Information Company Limited to enhance its marine security capabilities and broaden its market reach in personnel safety systems.

Target Company Overview

MarineGuard Systems Limited, based in Southampton, has been a prominent player in marine security since its establishment in 1998. Originally focused on tracking and monitoring small boats globally, MarineGuard has evolved into the market leader in marine security solutions. The company specializes in designing, manufacturing, and installing automated security systems tailored for the world's largest superyachts. Their philosophy centers around the concept that security should be omnipresent yet unobtrusive.

In line with its growth strategy, MarineGuard has recently acquired Exploration & Production Information Company Limited (EPIC), an Aberdeen-based company founded by Ian Traquair in 2003. EPIC develops a range of software and hardware systems designed to enhance the safety of personnel onboard ships and offshore rigs. Their key offerings include management, tracking, and mustering capabilities aimed at ensuring safety and minimizing risk during offshore operations.

Industry Overview

The marine security and offshore personnel safety industry are witnessing significant growth, particularly in countries with vibrant shipping and oil exploration sectors like the UK. The increasing regulatory pressures surrounding sa