Skip to main content

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.

Related Content

  • August 11, 2017
    Quarterhill announces shift in strategy driving revenue growth
    Quarterhill has announced its financial results for the three- and six-month periods ended 30 June 2017, during which it announced a new acquisition-oriented growth strategy and changed the name of the public company to Quarterhill. The company posted revenue of US$18.6 million and adjusted EBITDA of US$4.8 million, Net income was US$3.6 million and cash from operations was US$3.1 million. It also acquired International Road Dynamics (IRD), a highway traffic management technology company specialising in sup
  • January 3, 2017
    Public transport ITS market in Europe and North America to grow 7 per cent by 2020
    The latest research from Berg Insight indicates that the market for intelligent transport systems (ITS) in public transport operations in Europe was US$1.4 billion (€1.35 billion) in 2015. Growing at a compound annual growth rate (CAGR) of 7.2 per cent, it is expected to reach US$2 billion (€1.91 billion) by 2020. The North American market for public transport ITS is similarly forecast to grow at a CAGR of 8.1 per cent from US$0.6 billion (€0.59 billion) in 2015 to reach US$0.9 billion (€0.87 billion) in
  • June 9, 2014
    Michelin to acquire Sascar
    In a deal valued at a total of US$709 million, Michelin has announced its intention to acquire all outstanding shares of Sascar, the leading Brazilian digital fleet management and freight security company. The acquisition will enable Michelin to expand its service offering for truckers and to speed the growth of its truck tyre business in Brazil, while Sascar will gain access to Michelin’s major customers in South America. of this company, whose business model has proved its worth in Brazil (33,000 f
  • June 20, 2016
    Thales builds on Canadian connection for transit R&D
    The Canadian province of Ontario is continuing to benefit from its ongoing investment in transit R&D. David Crawford looks at the impact of new investment. Developing the next generation of urban rail signalling solutions worldwide, with the emphasis on transit security and efficiency, is the goal of a recently-created business partnership between the government of the Canadian province of Ontario and Thales Canada. The wholly-owned subsidiary of the France-HQ'd global defence, aerospace and transportation