Minelab company-Sold

[Hobby]

A freind just told me that Minelab the company has ben sold to some big outfit in Australia. He could not remember its name thoe.Thats why thay have ben letting people go at Minelab USA in AZ......I don't like the sound of that.....Any one els here any thing........Hobby

 

[JM*StL]

From Wikipedia:

Minelab specialises in advanced electronic technologies including detection equipment for military and humanitarian de-mining projects and consumers. The company has manufacturing, distribution and customer service operations in Adelaide (Australia), Cork (Ireland) and Las Vegas (USA), and is an ISO 9001 Quality Endorsed Company. Minelab was established in 1985 and was acquired by Codan in March, 2008.

Also:

February, 2008
Communications company Codan has announced a $70 million takeover of another South Australian business Minelab, which makes metal and landmine detection devices.Codan will acquire all the shares in Minelab, which has 130 workers at Torrensville in Adelaide and another 60 overseas. Codan says the takeover is expected to greatly boost its earnings and give it major technology, market and product diversification.

 

[Hobby]

Thanks JM Stl; thats some detailed info your on top of it .First I head of it .I hop it don't affect the quality of there products or service...........Hobby.