Kemutec Management Buyout

Author
(not verified)
Posted in: , on 29. Mar. 2005 - 23:11

March 29, 2005

Kemutec announce a management led buyout

With immediate effect, the Kemutec Management Team are pleased to announce the creation of Kemutec Powder Technologies Ltd. The new company, formed by a management led buyout in conjunction with external financial backing, has acquired the facilities, employees, intellectual property, brand names and product range of Kemutec Group Ltd.

The Kemutec name is one of the most respected in the Powder Processing Industry and it’s range of Powder Processing & Handling Equipment and Turnkey systems are synonymous with quality, performance and reliability. Maintaining the product names of KEK, GARDNER and MUCON combined with the key expertise and knowledge of the workforce, will ensure that the fundamental essence of the Kemutec brand will be retained and developed.

Kemutec’s MD, John Cook sums up the venture, “This is a massive vote of confidence in the future of the company which will allow Kemutec to drive forward. The Management team and employees are enthusiastic about the future of Kemutec and see the acquisition as a great opportunity to focus the business and achieve growth in our target markets”.

For further information, please visit:

https://edir.bulk-online.com/profile...ek-gardner.htm

Write the first Reply