{"id":13394,"date":"2018-04-22T12:04:38","date_gmt":"2018-04-22T10:04:38","guid":{"rendered":"https:\/\/tos-offshore.com\/?p=13394"},"modified":"2023-09-21T18:20:04","modified_gmt":"2023-09-21T16:20:04","slug":"186-technostrobe-acquires-a-majority-interest-in-dutch-company-ito-navaids","status":"publish","type":"post","link":"https:\/\/tos-offshore.com\/en\/186-technostrobe-acquires-a-majority-interest-in-dutch-company-ito-navaids\/","title":{"rendered":"Technostrobe acquires a majority interest in Dutch company ITO Navaids"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13394\" class=\"elementor elementor-13394\">\n\t\t\t\t\t\t\t\t\t<section class=\" elementor-section elementor-top-section elementor-element elementor-element-4d04a81 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"4d04a81\" data-element_type=\"section\">\r\n\t\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\r\n\t\t\t\t\r\n\t\t\t\t\t\t\t\t<div class=\" elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-adb89c2 \" data-id=\"adb89c2\" data-element_type=\"column\">\r\n\r\n\t\t\t\t\r\n\t\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f7dae5c elementor-widget elementor-widget-image\" data-id=\"f7dae5c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 09-10-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1110\" height=\"737\" src=\"https:\/\/tos-offshore.com\/wp-content\/uploads\/2018\/04\/14-1.jpg\" class=\"attachment-full size-full wp-image-13406\" alt=\"\" srcset=\"https:\/\/tos-offshore.com\/wp-content\/uploads\/2018\/04\/14-1.jpg 1110w, https:\/\/tos-offshore.com\/wp-content\/uploads\/2018\/04\/14-1-1024x680.jpg 1024w, https:\/\/tos-offshore.com\/wp-content\/uploads\/2018\/04\/14-1-768x510.jpg 768w\" sizes=\"(max-width: 1110px) 100vw, 1110px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6cf69ee link-red elementor-widget elementor-widget-text-editor\" data-id=\"6cf69ee\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 09-10-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2>A CANADIAN LEADER IN OBSTRUCTION LIGHTING MAKES INROADS INTO THE EUROPEAN MARKET<\/h2><p><strong>Coteau-du-Lac, April 23, 2018<\/strong>\u00a0\u2013 Technostrobe, a leader in the manufacturing of obstruction lighting systems for air navigation, announced today the acquisition of a majority interest in ITO Navaids, a Dutch company specializing in marine navigation aids. This highly strategic move therefore enables Technostrobe to not only make its first foray into the key European market, but also to offer cuttingedge products designed and manufactured by ITO Navaids in North America.<\/p><p>Founded in 2001 in Coteau-du-Lac, in the Mont\u00e9r\u00e9gie region, Technostrobe manufactures obstruction lighting systems to protect towers that present a potential risk to air traffic in the radio broadcasting, wireless communication and wind farm sectors. Through this acquisition, both companies will combine their expertise to create a comprehensive and integrated range of obstruction lighting solutions for offshore wind farms. Moreover, they will be able to synergize their technology and R&amp;D in complementary segments.<\/p><blockquote><p>\u201cAcquiring ITO Navaids forms part of Technostrobe\u2019s growth plan,\u201d said Francis Lacombe, Vice-President, Technostrobe. \u201cIt enables us to open a new market in Europe, seize new and exciting business opportunities in marine navigation aids, and offer a comprehensive range of solutions in the emerging market of obstruction lighting for offshore wind farms. Moreover, ITO Navaids\u2019 business profile and corporate culture focused on innovation aligns perfectly with our organization\u2019s DNA.\u201d<\/p><\/blockquote><p>Technostrobe\u2019s commercial strength will enable ITO Navaids to further expand its presence in Canada, as well as make inroads into the U.S. and Mexican markets.<\/p><blockquote><p>\u201cThis is a great day for ITO Navaids, as we join forces with Technostrobe, an industry leader that will pave the way to growth and success,\u201d said Mark de Ruiter, who will remain at ITO Navaids as Vice-President of Operations. \u201cBy combining our complementary strengths, we will become a key player with highly specialized and diversified expertise, as well as a presence in many of the world\u2019s biggest markets.\u201d<\/p><\/blockquote><p>Throughout this transaction, Technostrobe counted on the support of its financial partners, namely BDC and Desjardins, as well as the legal and accounting advice of Lavery and BDO.<\/p><h3>ABOUT TECHNOSTROBE<\/h3><p>Technostrobe manufactures obstruction lighting systems to protect tall towers that present a potential risk to air traffic. The Qu\u00e9bec-based company markets its products in Canada, the U.S. and Mexico, with clients operating in the wireless communication and wind farm sectors. Technostrobe\u2019s mission consists in enhancing aircraft pilot safety through innovative, effective and reliable lighting solutions.<\/p><h3>ABOUT ITO NAVAIDS<\/h3><p>ITO Navaids is a leader in Northern Europe\u2019s marine navigation aid design, manufacturing and maintenance market. It consistently aims to exceed the highest durability and reliability standards, with a focus on operational safety.<\/p><p><a href=\"\/\" target=\"_blank\" rel=\"noopener\">Press Release<\/a><\/p><p><a href=\"https:\/\/tos-offshore.com\/wp-content\/uploads\/2023\/09\/Technostrobe_FactSheet_ANG.pdf\" target=\"_blank\" rel=\"noopener\">Fact Sheet<\/a><\/p><p><a href=\"https:\/\/tos-offshore.com\/wp-content\/uploads\/2023\/09\/Technostrobe_FactSheet_ESP.pdf\" target=\"_blank\" rel=\"noopener\">Mas informacion<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t<\/section>\r\n\t\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Coteau-du-Lac, April 23, 2018 \u2013 Technostrobe, a leader in the manufacturing of obstruction lighting systems for air navigation, announced today the acquisition of a majority interest in ITO Navaids, a Dutch company specializing in marine navigation aids. This highly strategic move therefore enables Technostrobe to not only make its first foray into the key European market, but also to offer cuttingedge products designed and manufactured by ITO Navaids in North America.<\/p>\n","protected":false},"author":1,"featured_media":13395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Technostrobe acquires a majority interest in Dutch company ITO Navaids - Technostrobe Offshore Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tos-offshore.com\/en\/186-technostrobe-acquires-a-majority-interest-in-dutch-company-ito-navaids\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Technostrobe acquires a majority interest in Dutch company ITO Navaids - Technostrobe Offshore Solutions\" \/>\n<meta property=\"og:description\" content=\"Coteau-du-Lac, April 23, 2018 \u2013 Technostrobe, a leader in the manufacturing of obstruction lighting systems for air navigation, announced today the acquisition of a majority interest in ITO Navaids, a Dutch company specializing in marine navigation aids. 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