PRLog - Aug. 7, 2015 - NEW CASTLE, Del. -- Industrial Physics ROW Holdings, Inc., announced today that it has acquired Ray-Ran Test Equipment Ltd., based in the United Kingdom. Ray-Ran is a global manufacturer of materials testing equipment for the Polymer Industry. Industrial Physics is the parent company of: Testing Machines Inc., USA; CMC Kuhnke, Germany; Messmer Buchel, Netherlands; and FIBRO System AB, Sweden.
“We are very excited about this acquisition,” said Karl Boone, CEO of Industrial Physics. “Ray-Ran Test Equipment Ltd. is an excellent fit within our platform of material testing instrumentation. The Ray-Ran product portfolio will further expand our offerings to the Plastics industry. In keeping with our business structure,” said Mr. Boone. “We will maintain and build upon the Ray-Ran brand.”
“Industrial Physics is keeping my existing team in place and providing them the tools and capital to grow the business,” says Neill Rayson-Randle, former owner and Managing Director. “I am confident I am leaving the company in good hands and that will benefit our customers and our employees.”
Under its new ownership, Andrew Lineker will assume the position of Managing Director. “Ray-Ran is an outstanding organization with an excellent reputation in the marketplace,” says Andrew, who succeeds Neil Rayson-Randle as the Managing Director. “We are proud of the hard work and dedication of our employees, which have allowed our company to grow. We are certain the synergies between both companies will accelerate our future growth plans.”
Read the press release on Testing Machines, Inc. website here http://www.testingmachines.com/industrial-physics-acquires-ray-ran-test-equipment-ltd
About Ray-Ran
Ray-Ran Test Equipment Ltd. was founded in 1977, is headquartered in Warwickshire, UK. Ray-Ran designs, manufactures and services instruments for the polymer industry for measuring materials properties such as Impact, Melt Flow, HDT- Heat Distortion, Density, Sample Preparation, Coefficient of Friction, Dart Impact and other polymer testing devices.
In July 2005, Ray-Ran Test Equipment Ltd. was awarded ISO 9001:2000 accreditation by the World Certification Service and issued with certificate number 4915 in recognition of its Quality Management System focused on the need to meet customer requirements and satisfaction. This was an important step in maintaining the Company's policy of commitment and dedication to support its customers. It is also in keeping with the long tradition of designing and manufacturing products that are cost effective and incorporate the latest technology. For more information, visit www.ray-ran.com.
About Industrial Physics
The companies of Industrial Physics, LLC manufacture and market materials testing instruments worldwide for measuring physical and analytical properties of plastics, barrier films, paper, pulp, foil, ink, coatings, nonwoven, corrugated materials and cans. Its market-leading brands include Testing Machines, Inc. (Delaware, USA), Messmer Büchel/Büchel BV (Veenendaal, Netherlands), CMC-KUHNKE (Berlin, Germany), and FIBRO System AB (Stockholm, Sweden).
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Industrial Physics Acquires Ray-Ran Test Equipment Ltd
August 07, 2015 at 10:21 AM EDT
