Greek equipment firm expands portfolio with Arimar

The Lalizas Group of companies has acquired Arimar, a European leader in the production of state-of-the-art liferafts.

Italy-based Arimar produces avant-garde rafts that can cope with extreme sea and weather conditions. Developed for maritime safety professionals, each Arimar liferaft guarantees safety, offered by a wide range of rafts for various needs and uses.

The Lalizas Group has a long tradition and success in manufacturing life-saving equipment and distributing its products around the globe in more than 130 countries. Its other brands include Lofrans’, Nuova Rade, Max Power and Ocean fenders.

Lalizas was founded by Stavros Lalizas in 1982, and still preserves the character of a family owned business which continuously grows. For every new acquisition made, there is an “acquisition and implementation team” formed under the leadership of Mr Lalizas himself, which takes care of the integration process making the new business part of the Lalizas Group, and has the task of finding any synergies between the new business unit and the current activities of the group.

Mr Lalizas, CEO, commented: “The partners of the LALIZAS Group can feel safe, not only by the use of our products, but by knowing that they are working with a trustworthy company that they can rely on. Our plan is to make strategic acquisitions that can achieve effective synergies with our already existing companies.”