Press Release Trumeter US Acquires KEP 091215
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Trumeter tel +44 (0)161 674 0960 Pilot Mill fax +44 (0)161 480 8773 Alfred Street email [email protected] Bury BL9 9EF UK web www.trumeter.com Registered as a Limited Company in England and Wales – Number: 07115948 1 of 1 innovation by design Release: 8 December 2015 10pm GMT / 5pm USA EST TRUMETER USA ACQUIRES COUNTING & TIMING DIVISION OF KESSLER-ELLIS PRODUCTS Eatontown, New Jersey, USA - Today Trumeter USA, based in Florida and Connecticut, announced the acquisition of the counting & timing division of Kessler-Ellis Products (KEP), a designer and manufacturer of industrial, process and marine products. Trumeter is a global designer, manufacturer and distributor of sophisticated measurement instruments, commercial lighting systems and LED lighting and touchsense products and technologies. Their engineers design and invent innovative products that meet and exceed their customers’ specifications and expectations. Operating in the UK since 1937 and in the USA since 1938, they have sales in more than 30 countries through a worldwide network of Sales Executives, Distributor Partners and strategically located operations. “With the addition of the KEP counting and timing product lines to our portfolio, Trumeter continues to increase the depth and breadth of our product offering” Frederick Hickey, President of Trumeter USA said. “This acquisition follows the same model as our previous acquisition of Redington Counters, in which we gave every customer and prospect the benefit of a wider selection of products, the support of a world class customer service and order fulfillment team, and the opportunity to deal with a company that has really strong core values: innovation, integrity, ambition, teamwork, and customer driven.” “I am also very excited that Richard Woods from KEP, is joining the Trumeter team” continued Fred, “as ‘Rich’ will provide continuity for our customers for both the commercial relationship and technical / product advice” John Smith, Group CEO added “I am delighted to be able to offer more customers an even stronger portfolio of Control & Measurement products, and to welcome to the Trumeter team some experienced and talented people. This acquisition demonstrates once again our commitment and ambition to become one of the world’s foremost designers and manufacturers of Control & Measurement equipment.” For more information, visit www.trumeter.com, or contact John Smith at [email protected] . About Kessler-Ellis Products: KEP will continue to supply its customers with a range of diverse non-counting and timing products as they have for over 50 years. Since 1961, KEP has grown into a full line manufacturer of electronic and software instrumentation products including flow instrumentation and process indicators, PLC Operator Interfaces and HMI Software Solutions. Headquartered near New York, USA, KEP has over 100 employees and more than 200 worldwide distributors and factory representatives. For additional information, visit www.kep.com In the UK, Corporate Finance advice and fund raising was led by Jeremy Carr, Energize Capital with legal affairs handled by Andrew Page at McHale & Co. In USA, the Legal team was led by Brad Jankowski from Owen Law (www.owenlaw.net) with finance support from Steve Ritmiller at Proctor, Crook, Crowder & Fogal.
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Transcript of Press Release Trumeter US Acquires KEP 091215
Trumeter tel +44 (0)161 674 0960
Pilot Mill fax +44 (0)161 480 8773
Alfred Street email [email protected]
Bury BL9 9EF UK web www.trumeter.com
Registered as a Limited Company in England and Wales – Number: 07115948
1 of 1 innovation by design
Release: 8 December 2015 10pm GMT / 5pm USA EST
TRUMETER USA ACQUIRES COUNTING & TIMING DIVISION OF KESSLER-ELLIS PRODUCTS
Eatontown, New Jersey, USA - Today Trumeter USA, based in Florida and Connecticut, announced the acquisition of the counting & timing division of Kessler-Ellis Products (KEP), a designer and manufacturer of industrial, process and marine products. Trumeter is a global designer, manufacturer and distributor of sophisticated measurement instruments, commercial lighting systems and LED lighting and touchsense products and technologies. Their engineers design and invent innovative products that meet and exceed their customers’ specifications and expectations. Operating in the UK since 1937 and in the USA since 1938, they have sales in more than 30 countries through a worldwide network of Sales Executives, Distributor Partners and strategically located operations. “With the addition of the KEP counting and timing product lines to our portfolio, Trumeter continues to increase the depth and breadth of our product offering” Frederick Hickey, President of Trumeter USA said. “This acquisition follows the same model as our previous acquisition of Redington Counters, in which we gave every customer and prospect the benefit of a wider selection of products, the support of a world class customer service and order fulfillment team, and the opportunity to deal with a company that has really strong core values: innovation, integrity, ambition, teamwork, and customer driven.” “I am also very excited that Richard Woods from KEP, is joining the Trumeter team” continued Fred, “as ‘Rich’ will provide continuity for our customers for both the commercial relationship and technical / product advice” John Smith, Group CEO added “I am delighted to be able to offer more customers an even stronger portfolio of Control & Measurement products, and to welcome to the Trumeter team some experienced and talented people. This acquisition demonstrates once again our commitment and ambition to become one of the world’s foremost designers and manufacturers of Control & Measurement equipment.” For more information, visit www.trumeter.com, or contact John Smith at [email protected] . About Kessler-Ellis Products: KEP will continue to supply its customers with a range of diverse non-counting and timing products as they have for over 50 years. Since 1961, KEP has grown into a full line manufacturer of electronic and software instrumentation products including flow instrumentation and process indicators, PLC Operator Interfaces and HMI Software Solutions. Headquartered near New York, USA, KEP has over 100 employees and more than 200 worldwide distributors and factory representatives. For additional information, visit www.kep.com In the UK, Corporate Finance advice and fund raising was led by Jeremy Carr, Energize Capital with legal affairs handled by Andrew Page at McHale & Co. In USA, the Legal team was led by Brad Jankowski from Owen Law (www.owenlaw.net) with finance support from Steve Ritmiller at Proctor, Crook, Crowder & Fogal.
