Calian® Completes Acquisition of Mabway, Expanding Military Training and Simulation Solutions Globally
May 10 2024 - 3:00AM
Calian Group Ltd. (TSX: CGY), a diverse products and services
company, providing innovative healthcare, communications, learning
and cybersecurity solutions, has agreed to acquire U.K.-based
Mabway for up to CAD$41M (GBP£24M). This includes CAD$32.4M
(GBP£19M) on closing.
Mabway is a leader in the management of large-scale defence
role-playing environments that simulate real-world operational
environments and provides technical engineering education for naval
and maritime communities. The company has been a prime supplier to
the British Army since 2012. Mabway has several offices across the
U.K., a workforce of more than 1,000 ex-military and civilian
permanent staff and contractors, and services reaching into Europe
and the Middle East.
“We’re delighted to be acquiring a company that has such a
strong offering that both complements and expands our current
solutions in the military training and simulation sector. This
acquisition presents a great opportunity to leverage the
capabilities of both companies to provide a more comprehensive
range of solutions to military and defence customers globally. And
with the U.K. looking to increase defence spending to 2.5 per cent
of GDP by 2030, Calian will be well positioned as a strategic
partner supporting their operational readiness,”says Kevin Ford,
Calian CEO.
The acquisition expands Calian’s existing presence in the U.K.
and Europe, bolstering the company’s military training and
simulation solutions portfolio in the region and presenting more
opportunities for further global and customer diversification.
“This acquisition strategically aligns with our vision for
Calian Learning, propelling us toward our goal of becoming a
premier global training and delivery partner for customers when
they cannot fail,” says Don Whitty, President of Learning.
“Mabway’s strong position in the U.K. defence sector provides
opportunities for us to introduce our immersive learning solutions
to complement the solutions Mabway is delivering—and bring their
capabilities into our solutions to support our growth objectives,”
he says.
“The Mabway team is excited to be joining Calian,” says Mabway
co-owner, Mark O’Reilly. “We take our corporate culture seriously
and share Calian’s values of integrity, teamwork, innovation,
respect and customer commitment. We are known for our unrelenting
focus on providing mission-critical solutions for our customers and
will be able to deliver even more effectively as part of the Calian
team.”
The acquisition is effective immediately.
About Calianwww.calian.comWe keep the world
moving forward. Calian® helps people communicate, innovate, learn
and lead safe and healthy lives. Every day, our employees live our
values of customer commitment, integrity, innovation, respect and
teamwork to engineer reliable solutions that solve complex
challenges. That’s Confidence. Engineered. A stable and growing
40-year company, we are headquartered in Ottawa with offices and
projects spanning North American, European and international
markets. Visit calian.com to learn about innovative healthcare,
communications, learning and cybersecurity solutions.
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of their respective owners.
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