Derby based critical communications company Simoco Wireless Solutions Ltd has agreed to acquire a majority shareholding in Thorcom Systems Ltd and its subsidiaries in a move which will give Simoco a platform to expand its presence in the UK emergency services market, while giving Thorcom the opportunity to access international markets such as Asia-Pacific, North America and Australia, where Simoco already has established operations. Simoco has enjoyed international success in the public safety sector and it is anticipated that this move will now accelerate its growth in the British emergency services market.
In 2019 TST Systems Ltd, the joint venture that includes Thorcom Systems Ltd, was a successful bidder on a Framework Agreement further to a procurement exercise with the Home Office. TST became one of two suppliers of vehicle-based communications devices for use on the soon to be launched ESN network.
Simoco Wireless Solutions and Thorcom Systems Limited are privately owned British companies with a long-standing history of providing products and services to critical communications and mission critical customers in the UK and around the world. The acquisition will significantly complement Simoco’s existing range of next generation broadband communications products, designed to ensure that emergency services and other mission critical users have access to the very latest technology, specifically designed to meet the ever-evolving demands of their day-to-day operations.
Mike Norfield, group CEO of Simoco Wireless Solutions commented, “I believe we will make a strong partnership. Thorcom’s range of in-vehicle communications devices fits perfectly into our existing portfolio of broadband products and solutions which are at the vanguard of modern public safety communications.”
Mike Tubby, owner and technical director of Thorcom commented on the planned investment: “Whilst we have a long-standing experience in the emergency services market in the UK & Ireland, Simoco brings us the scale and the capability we need to reach larger UK and international markets. Combining our solutions with Simoco’s reputation for designing, building and operating complex communications networks around the globe will allow our customers to enjoy the best-in-class delivery and services to support their operations.”
The deal is expected to complete in October 2021 and the two companies will be demonstrating their combined expertise on stand D40 at the BAPCO exhibition in Coventry, UK on the 12th & 13th of October.