Nautel To Buy Sonar Company C-Tech
Nautel Ltd., the Hackett’s Cove, N.S., maker of radio and television transmitters, agreed Wednesday to buy the business and assets of Marport C-tech Ltd., a Cornwall, Ont.-based maker of engineered sonar solutions.
The buyer said in a statement that the terms of the deal, which is subject to court approval, would not be released.
Opened in 1969 as a maker of radio transmitters, Nautel has been on a roll lately. The company has branched into television transmitters, and won its first orders in September. It also won a transformative contract for digital AM radio transmitters with All