Management buyout at Status Instruments
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Status Instruments product story
Edited by the Engineeringtalk editorial team
Apr 10, 2006
An exciting time lies ahead for Tewkesbury based Status Instruments after a successful management buyout from parent company, The Richtec Group.
An exciting time lies ahead for Tewkesbury based Status Instruments after a successful management buyout from parent company, The Richtec Group.
The MBO is extremely well funded and has the full blessing of Richtec which is currently restructuring its business.
New MD Ian Pullin, who has been with Status for almost 20 years, is confident that the company has excellent growth potential and is already looking forward to the introduction of several new products.
All the new management team have a strong belief that their company can build on its excellent market position in the fields of temperature transmitters, signal conditioning equipment and instrumentation.
The company sells directly to OEMs and through a comprehensive network of UK and international distributors.
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