MDL acquires its Canadian technical and distribution facility

Measurement Devices Ltd (MDL), a leader in the design and development of robotic laser surveying and mapping technology, has acquired 100 per cent share in Thomas Engineering (TEC) Manotick, Ottawa, the company’s Canadian technical and distribution facility, as part of its strategy to create a global laser measurement, manufacturing and distribution and services business. The multi-million dollar acquisition enables MDL and TEC to launch a new business, MDL Canada, which will focus on sales and service to t
March 22, 2012 Read time: 2 mins
91 Measurement Devices Ltd (MDL), a leader in the design and development of robotic laser surveying and mapping technology, has acquired 100 per cent share in Thomas Engineering (TEC) Manotick, Ottawa, the company’s Canadian technical and distribution facility, as part of its strategy to create a global laser measurement, manufacturing and distribution and services business. The multi-million dollar acquisition enables MDL and TEC to launch a new business, MDL Canada, which will focus on sales and service to the fast-growing Canadian mining, quarrying and surveying industry.

MDL, which last year acquired a 100 per cent holding of Melbourne-based MDL (Australia) Pty Ltd from mining and construction services business Jeminex, has also developed a significant presence in Brazil, Chile, South Africa, Russia and China. The company has two operating divisions: Sensors, which designs and manufactures generic time-of-flight laser distance meters and Systems, which designs and manufactures robotic laser-based positioning and 3D scanning products.
Location Based Systems

Related Content

  • March 28, 2014
    Q-Free strengthens ATMS business
    Q-Free has strengthened its position in the market for advanced transportation management systems with the signing of a share purchase agreement for the acquisition of intelligent transportation systems (ITS) supplier TDC Systems for an estimated cash and equity consideration of US$16.6 million dependent on future financial performance. Established in 1998, TDC Systems comprises TDC Systems in the UK and its sister company TDC Systems in Australia, both of which are owned by founder and managing director
    Read More
  • August 25, 2017
    Users want ridesharing technologies regulated, says global survey
    A new survey by the Global Security & Politics program at the Centre for International Governance Innovation (CIGI) finds that a majority globally (63 per cent) believe that ridesharing services should be regulated similar to taxis. This new data comes at a time when Uber, Lyft and other ridesharing apps continue to expand their products and services to new markets around the world. The survey also points out that the number of those likely to choose ride-sharing over taxi services is notably higher in
    Read More
  • March 22, 2012
    Bosch in $1.15 billion acquisition of SPX Corporation
    Bosch Automotive Aftermarket division is in the process of undertaking its largest ever acquisition with plans to acquire the service solutions business of US-headquartered SPX Corporation which develops, manufactures and sells diagnostic and service tools, workshop equipment, and software for the global automotive aftermarket. For 2011, the business, based in Warren, Missouri and which employs some 2,700 people in 17 countries, primarily in the US, Germany, France, and China, is expected to generate sales
    Read More
  • July 23, 2015
    Australian ITS market 2015-2020
    The latest research report from Research and Markets indicated that the total Australian intelligent transportation systems (ITS) market is expected to reach US$1,130.2 million by 2020, at a CAGR of 14.41 per cent between 2015 and 2020. According to the report, Australia Intelligent Transport System (ITS) Market by Application, System (ATMS, ATIS, ITS-enabled Transportation Pricing Systems, APTS and CVO), and Territory (New South Wales, Victoria, Queensland, Western Australia, Rest of Australia) - Foreca
    Read More

Highlighted Content