The Lee Company recently announced it has acquired TTP Ventus Limited from TTP Group. TTP Ventus, based near Cambridge, UK, designs and manufactures silent, compact micropumps and pump modules that are used in the medical, life science, environmental and industrial sectors. These devices complement The Lee Company’s existing range of miniature fluid control components widely used across the same sectors.
“TTP Ventus brings exciting new technology to The Lee Company, enhancing our offering in the strategically important life science and medical markets,” said Bill Lee, president and CEO of The Lee Company. “The fit with our existing product lines is strong, and we expect our global force of sales engineers to accelerate Ventus’ growth. The Lee Company’s unique capabilities in miniaturization and engineering keep our company at the forefront of fluid flow technology and the addition of Ventus is the latest advancement of our technologies.
“The renamed LEE Ventus will become the eleventh production group for The Lee Company and the fourth member of the Electro Fluidic Systems (EFS) division,” he added. “Our customers will now have even greater performance range and precision control of pressure and flow conditions in both liquid and pneumatic applications.”
LEE Ventus will continue operating in the UK, becoming The Lee Company’s first international production unit.
James McCrone, head of business operations at TTP Group, commented, “We’re delighted with this successful outcome for TTP Ventus as it enters an exciting new phase in its growth. The Lee Company’s established leadership in precision fluidic control and their global sales reach makes them the ideal acquisition partner.”
This article appeared in Machine Design.
