Applied Kilovolts buys power supply rival Brandenburg Thursday 28 June 2007 PDF Print High voltage power supply specialists Applied Kilovolts have announced the acquisition of West Midlands competitor Brandenburg. Applied Kilovolts' managing director Kevin Wheelhouse commented: "The acquisition is an ideal match, since Brandenburg's products are closely related but complementary to our own and there is very little overlap." "The transaction gives us a critical mass in the high voltage power supply industry and is part of our strategy of growing the company organically and by acquisition." By combining the strengths and expertise of both companies, the enlarged group will be able to offer customers even higher levels of service and leading edge products. Products will continue to be sold under the Brandenburg name, and the company's 4600 m2 manufacturing plant and product design departments in Dudley will be retained. Established in 1948, Brandenburg is a leading manufacturer of standard and custom built high voltage power supplies used in applications such as mass spectrometers, photomultiplier tubes and X-ray equipment. Brandenburg was acquired from US power supply manufacturer, Astec. The acquisition was partially funded by private equity investment group Pi Capital. -ends- Photo caption Applied Kilovolts managing director Kevin Wheelhouse (left) with Pi Capital managing director Peter Brooks. Notes to editors West Sussex based Applied Kilovolts is the leading supplier of high stability, precision, high voltage power supply modules for the scientific instrument market in the UK, Europe and USA. Pi Capital is an independent private equity house investing in growing UK unquoted businesses. It specialises in smaller buyouts and development capital for businesses seeking GBP 2 million to GBP 5 million of equity across a range of sectors. www.picapital.co.uk Ref: AKV2-07 Date: 28 June 2007 Press enquiries Stephen Bailey Antimony Communications Tel: +44 (0) 1483 416807 Fax: +44 (0) 8707 656807 Mobile: +44 (0) 7010 716807 Email: email@example.com Web: www.antimony.co.uk Other enquiries Kevin Wheelhouse Applied Kilovolts Ltd Woods Way, Goring by Sea, West Sussex, BN12 4QY, UK Tel: +44 (0) 1903 708850 Fax: +44 (0) 1903 708851 Email: firstname.lastname@example.org Web: www.appliedkilovolts.com North American Sales Office 3 Dodworth Ct., Suite 303, Timonium, MD 21093, USA email@example.com This press release was distributed by ResponseSource Press Release Wire on behalf of Antimony Communications in the following categories: Medical & Pharmaceutical, Manufacturing, Engineering & Energy, for more information visit http://pressreleasewire.responsesource.com/about.