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Global Investor Snaps up West Sussex Firm
19th September 2018

A West Sussex-based company specialising in force and torque testing systems for quality control has been acquired by global investment firm Battery Ventures.

Mecmesin was founded 41 years ago and as well as its head office near Horsham the business has operations in France, Germany, Thailand, China and the US.

It has been snapped up by PPT Holdings and will join West Yorkshire-based James Heal in Battery's Physical Properties Testing (PPT) group.

Battery Ventures will invest in new product development at Mecmesin, as well as supporting the development of its Vector hardware. Battery's vision it to make PPT a multi-branded global platform.

John Page, who has been managing director of Mecmesin since 2005, said: "Battery is an experienced and knowledgeable investor in the test and measurement market.

"Providing high quality and innovative force and torque solutions to customer measurement problems is in the Mecmesin DNA. Now with the support of Battery we look forward to providing our customers with a new range of products based on the cutting edge Vector technology which will deliver growth in both new and existing markets."

The existing board of directors will continue to lead the company under the new ownership.

As part of the deal, James Heal chairman and director Don Templeman will join Mecmesin as chairman and director.

He added: "We are very excited to be associated with Mecmesin Ltd. They are universally recognised as the technology, quality, and thought leader in both the force and torque testing markets.

"The many synergies between Mecmesin Ltd and our James Heal business make them a natural fit for our platform, and we look forward to a prosperous future with their team."

 

https://www.insidermedia.com/insider/southeast/global-investor-snaps-up-west-sussex-firm?utm_source=southeast_newsletter&utm_campaign=southeast_news_tracker&utm_medium=deals_article 

 

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