German leader in Force and Torque test and measurementAlluris acquired by Battery Ventures
Alluris GmbH & Co. KG, a German company specialising in the design and manufacture of force and torque testing equipment for quality control, has been acquired by PPT Holdings, a Battery Ventures company. Battery Ventures is a global investment firm focused on technology and innovation worldwide that has raised $8.9 billion since inception.
Alluris will join UK-based Mecmesin Ltd and James Heal Ltd as part of Battery’s Physical Properties Testers (PPT) Group. In addition Mecmesins’ German subsidiary Mecmesin GmbH will move to the Alluris’ facility in Freiburg.
In partnership with Mecmesin, Alluris will continue to pursue growth providing testing solutions for quality control in manufacturing and R&D through the development of innovative force and torque testers.
Manuel Migliore, Commercial Director will lead operations for both Alluris and Mecmesin in Germany. He will report through to Declan Tierney, PPT Regional Director for EMEA.
Declan Tierney, comments “Providing high quality and innovative force and torque test solutions to customer measurement problems is key to Alluris success. We look forward to working with the team at Alluris to expand their global sales and service reach, so more customers can benefit from their market-leading expertise in force and torque measurement and calibration services.”
Battery's additional resources will support increased investment in new product development and complementary acquisitions. The vision of PPT is to become the largest independent platform of companies in the physical property testing market, a multi-branded global platform that can provide testing solutions across all different types of standards, materials and applications.
“Battery is an experienced and knowledgeable investor in the test and measurement market", said John Page, PPT Group Managing Director, "We are very excited to be associated with Alluris. They are recognised in Germany for their innovative design and commitment to quality and customer service in both the force and torque testing markets and we look forward to expanding their global footprint in the months and years to come. The many synergies between Mecmesin Ltd. and our James Heal business make them a natural fit for our platform, and we look forward to a prosperous future with their team.”