UK & International Business Sales and M&A News

Maretron, based in Jupiter, Florida, is a specialist in vessel automation monitoring and control systems, offering everything from cables and connectors to complete vessel monitoring of engines, generators, tanks, and rudders, as well as navigation instruments and local weather information.

The company has developed a single, common interface to monitor and control a vessel’s systems, including a built-in comprehensive alert system, with alarms for fire, smoke, combustible gasses, carbon monoxide and high bilge water.

There is also a security aspect, which includes cameras, motion detectors, and magnetic door and port hole sensors. The system offers remote monitoring and notification via video, email and text notifications.

Teledyne is a leading provider of digital imaging products, engineered systems, software and instrumentation across many sectors, including oceanographic research, deepwater oil and gas exploration and production and defense electronics. Products include digital imaging sensors, cameras and systems within the visible, infrared and X-ray spectra, monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, electronic test and measurement equipment.

Based in Thousand Oaks, California, Teledyne’s operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe.

Its Raymarine business designs and produces high-performance marine electronics. With a legacy of marine navigation technology spanning over 80 years, it produces in-class sensors and intelligent navigation systems available through a global network of dealers and distributors.

The acquisition will allow Teledyne’s Raymarine business to deliver deeper integration and automation for boat builders as a one-stop-shop, expanding product functionality for consumers, and creating new business opportunities for Raymarine and its partners.

Grégoire Outters, Vice President and General Manager of Teledyne FLIR Maritime and Raymarine, said:

Raymarine intends to maintain Maretron’s trade name and product lines to ensure a seamless transition for existing Maretron customers.

The acquisition also includes Maretron’s Florida office location, allowing both Raymarine and Maretron to continue to serve the strategic United States Southeast boating market.

The acquisition of Maretron represents Teledyne’s eleventh corporate carve-out transaction and second carve-out completed in 2025.