Boston Massachusetts – February 1, 2019. Industrial Physics, Inc., a global leader in test and measurement equipment, today announced the purchase of C&W Specialist Equipment Ltd., which specializes in the development and manufacture of corrosion test chambers. C&W will become part of TQC Sheen B.V., an innovative manufacturer of lab equipment to test and inspect surface and adhesion properties of paint and coatings.
Industrial Physics’ portfolio of brands address critical test and measurement needs of customers in a broad range of industries with an emphasis on packaging and packaging-related applications including food and beverage, metal cans, flexible packaging, paper and plastics, paints and coatings, medical device and consumer electronics. Industrial Physics companies are helping customers meet the ever-increasing test and quality standards required by demanding regulators, consumers and manufacturers. Industrial Physics is a portfolio company of Union Park Capital, a private-equity firm that specializes in industrial technology investments.
C&W was founded in 1978 by Nigel Cremer and has experienced significant growth over the years by providing high-quality and innovative products. With the addition of C&W Specialist Equipment Ltd., TQC Sheen B.V. has a more complete portfolio of products to serve customers requiring paint, coatings and surface analysis.
“With a large installed base of test chambers and strong brand recognition in the industry, we are very excited to add the C&W product line to the TQC Sheen product portfolio” said Antoon van Osch, Managing Director of TQC Sheen B.V.
Nigel Cremer, Managing Director of C&W, will continue as Managing Director reporting to Mr. van Osch. “I am delighted to have Nigel join the TQC Sheen team. Nigel and his team are respected industry veterans with a strong track record of delivering high customer service and reliable products to global customers that are typically also buying from TQC Sheen,” said Antoon.
“We are very excited to be joining the Industrial Physics family of companies”, says Nigel. “We have a strong product portfolio and loyal customers but have lacked the global sales and service reach of Industrial Physics. We will now be able to leverage Industrial Physics and its extensive network of channel partners to deliver value to customers anywhere in the world”.
About C&W Specialist Equipment Ltd.
Established in 1978, C&W Specialist Equipment Ltd. is a global leader in the development and manufacture of corrosion test chambers. Accelerated corrosion and environmental test chambers provide controlled environments to test and simulate how components will perform when exposed to natural weathering elements.
About Industrial Physics
The companies of Industrial Physics, Inc. manufacture and market testing instruments worldwide for measuring physical and analytical properties of a wide range of materials, products and packaging types including plastics, metals, barrier films, paper, corrugated materials, foil, ink, coatings, cans, medical devices, paints and surfaces. Its market-leading brands include Systech Illinois, Testing Machines, Inc., Messmer Büchel, CMC-KUHNKE, FIBRO System, Ray-Ran Test Equipment, TM Electronics, United Testing Systems, OxySense, Eagle Vision, TQC-Sheen and Quality By Vision. For more information, visit www.industrialphysics.com.
About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the scientific instrumentation sector. For more information, visit www.union-park.com.