PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Electrox | 600 Group PLC | TYKMA

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Electrox Merges with TYKMA to Create New Force in Laser Marking - Electrox has merged with leading U.S. laser specialist TYKMA in a major deal that will enable the company to launch ambitious growth plans into North America - PermanentMarking.com / Electrox.com
Electrox Merges with TYKMA to Create New Force in Laser Marking

 

NewswireToday - /newswire/ - Letchworth, United Kingdom, 2015/04/21 - Electrox has merged with leading U.S. laser specialist TYKMA in a major deal that will enable the company to launch ambitious growth plans into North America - PermanentMarking.com / Electrox.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Part of the 600 Group, Electrox has grown significantly in recent years, doubling turnover between 2009 and 2014, thus prompting the decision to look West.

“Our recent success has been primarily in the UK and Europe, so the natural target for further growth lies across the Atlantic,” explains Paul Mincher. “We therefore sought a complementary North American company that we could work with.”

Ohio-based TYKMA offers a well-regarded range of laser marking solutions; crucially, its portfolio dovetails nicely into the Electrox suite of products. “You might say that, on our own, Electrox had half of the alphabet with TYKMA integrated into our operation, we can offer the full A-Z of laser marking needs, from entry level systems up to high-end multi-axis machines,” confirms Paul Mincher.

600 Group has taken an 80% stake in the TYKMA business, with TYKMA reporting into the 600 Group. David Grimes CEO of TYKMA is the new merged group CEO. Paul Mincher will continue to head up European operations as Managing Director.
“The merger will create one of the most diverse and powerful companies in the laser marking systems industry. Electrox is a company rich in history, experience and technology. TYKMA is a growing, market driven company with strong leadership. We will combine to create a powerful single business unit,” states Paul Mincher.

To support the merger, a new sales structure managed by Richard Reilly, new merged group Sales Director has been created. UK and European sales will continue to be led by Peter Ramsden, European Sales Director. Together, the companies will offer a wide range of laser marking systems and technologies to the manufacturing industry with one of the largest combined customer bases worldwide.

“We’re very upbeat and optimistic about this deal,” concludes Paul Mincher. “It strengthens what is already successful about Electrox and means that customers can benefit from enhanced choice in order to get the best out of their laser marking operations.

“Our global customers will experience an enhanced service, support and knowledge base with access to a diverse line of products. The new merged company will increase its focus on laser technology development.”

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Electrox | 600 Group PLC | TYKMA

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Electrox Merges with TYKMA to Create New Force in Laser Marking

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - Electrox.com 
+44(0)14 6247 2400 sales.uk[.]electrox.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Electrox | 600 Group PLC | TYKMA securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Electrox | 600 Group PLC | TYKMA / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

Voith Builds New XcelLine Board Machine for Bohui Paper Group
LANXESS Pigments Used in Formula E
Voith Paper Offers Rebuilds of Medium-sized Paper Machines to Increase Production Capacity by up to 15%
SCHOTT to Showcase Highly Lightweighted, Monolithic ZERODUR® Mirror Blanks At SPIE Optics and Photonics 2017
LANXESS Doubles Membrane Production Capacity
MAN Engines Presenting Global Innovations for Agricultural Machinery and Cogeneration
Anti-corrosion Coatings Manufacturers Focus on Low-cost, High-performance Coatings for Asia-Pacific Market Finds Frost & Sullivan
The Navigator Company Selects Voith XcelLine Tissue Machine for Cacia in Portugal
SCHOTT Eternaloc® Electrical Penetrations Answer New Requirements of Innovative Twin High-Temperature Reactors [HTR] in Shidao Bay, China
BASF’s iGloss Clearcoat Offers Higher Gloss and Improved Scratch-resistance on Vehicles
The Voith Paper Webshop Simplifies Ordering of Spare Parts and Provides Comprehensive Documentation Options
BASF Begins Production of Palatinol DOTP Plasticizer At its Pasadena, Texas Facility
ADNOC and Borealis Sign Agreement to Extend and Expand Joint Petrochemical Activities in Ruwais
LANXESS Launches New PBT Compound for Battery Components in Electric Cars
Hexagon Manufacturing Intelligence Releases PC-DMIS 2017 R2

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Intrinsic Executive Search Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)