Add-on Acquisition • Test/Measurement Equipment

Industrial Physics Acquires Testing Machines

On March 17, 2014, Industrial Physics acquired test/measurement equipment company Testing Machines

Acquisition Context

This is Industrial Physics’ 1st transaction in the Test/Measurement Equipment sector.
This is Industrial Physics’ 1st transaction in the United States.
This is Industrial Physics’ 1st transaction in Delaware.

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M&A Deal Summary
Date	March 17, 2014
Target	Testing Machines
Sector	Test/Measurement Equipment
Buyer(s)	Industrial Physics
Deal Type	Add-on Acquisition

Target Company

Testing Machines

New Castle, Delaware, United States

Testing Machines, Inc. manufactures and markets materials testing instruments for the paper, pulp, film, foil, ink, coatings, nonwoven, and corrugated industries. TMI has a network of sales offices and agents throughout the US and globally in over 50 countries. The company's brands include TMI, Fibro, Messmer Bűchel, Lako Seal Testers, TMI Trading (Shanghai) Co., Ltd., and Adamel L’Homargy. Testing Machines was formed in 1931 and is based in New Castle, Delaware.

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Buyer Overview 1

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