Tuesday, May 28, 2024
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Lalizas acquires Revere Survival

Greek headquartered safety company Lalizas has acquired US based Revere Survival.

The safety company has had a presence in the US market since 2018 after acquiring Lalizas/Alexander in Houston, TX and Houma, LA (former Alexander/Ryan Marine & Safety).

The acquisition is intended to aid Lalizas’s expansion in the States.

“The acquisition of Revere aligns perfectly with our strategic vision and will enable us to enhance our product offerings, expand our market reach, and strengthen our position in the US market,” said Stavros Lalizas, founder and CEO of Lalizas.

“As we move forward with the integration process, our top priority remains ensuring a seamless transition for our employees, suppliers and customers.

“We are committed to exploring synergies and maintaining the high standards of quality and service that our companies are known for, while also exploring new ways to drive success.”

Revere Survival is a manufacturer and distributor of liferafts and other survival equipment for the recreational and commercial markets, including leisure and USCG commercial liferafts and IBAs, inflatable PFDs, rescue beacons and pyrotechnics.

The products are ISO, SOLAS or USCG certified for both the pleasure boating and professional markets.

Revere Survival was formerly owned by Alliance Marine which intends to focus more on the European Market.

Lalizas has a commercial presence in 130 countries.

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