Product category:
Manufacturing dealerships, agencies and acquisitions
News Release from: Pursuit Dynamics
Edited by the Manufacturingtalk Editorial
Team on 31 March 2006
Sonic technology firm acquires process
plant maker
Pursuit Dynamics has acquired the business of BPT Skerman - one of the UK's leading manufacturers and suppliers of processing plant, equipment and integrated systems.
Pursuit Dynamics has acquired the business of BPT Skerman - one of the UK's leading manufacturers and suppliers of processing plant, equipment and integrated systems Pursuit Dynamics, the developer and licenser of the innovative and patented PDX Sonic technology, has acquired the business of BPT Skerman - one of the UK's leading manufacturers and suppliers of processing plant, equipment and integrated systems
This article was originally published on Manufacturingtalk on 31 Mar 2006 at 8.00am (UK)
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With the acquisition, Pursuit Dynamics will significantly increase its process design, manufacturing, installation and distribution capability - initially for products targeted at the food and beverage industries.
Whilst business will continue as normal for BPTS, the senior management, who remain with the business, are in no doubt as to the benefits for the organisation.
Director, Julian Bradshaw, said: "We see this transaction as a major milestone in the development of our business.
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Becoming part of Pursuit Dynamics gives us the scale and resource to grow our business further.
There is no doubt that this transaction resources our business to the benefit of both our customers and employees." Commenting on the announcement, John Heathcote, Pursuit's CEO, said: "The addition of a distribution business will enhance our ability to deliver practical engineering solutions and product development capability to the food and beverage sectors.
BPT Skerman is highly regarded in the food equipment industry and, as one of our UK distributors, has already proved itself capable of successfully converting some of the largest food companies in the UK to the PDX technology.
This transaction adds high quality people, industry knowledge and expertise and a very well known name in the sector." Pursuit Dynamics' existing UK, European and North American distributor network system will be unaffected by the transaction.
The PDX technology has rapidly become a global phenomenon in the processing of liquid prepared foods, providing customers with exceptional benefits and rates of return (e.g 50% reduction in energy costs, reduction in processing times of up to 15 times and enhanced product quality).
Successful distributors and agents have already achieved PDX Sonic sales in mainland Europe, North America and South America.
Kester Scrope, commercial director of Pursuit Dynamics, said: "This acquisition gives us greater understanding of our distributors needs.
With many of our distributors investing in demonstration facilities around the world it is this extensive family of systems integrators that give us the platform for global growth.
Our ongoing support and growth of this network is fundamental to our strategy.".
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