The Shaw Gibbs Corporate Finance team, led by Corporate Finance Manager Simon Alderwick, is proud to have recently advised Intertronics on its acquisition of Dyne Testing, a leading UK manufacturer and supplier of surface measurement technology.

Intertronics, a supplier of adhesives, coatings, sealants, and equipment for manufacturing and technology applications, announced completion of the purchase last week.

Dyne Testing offers a range of measurement equipment for testing surface energy and tension, surface cleanliness, adhesion, and coating thickness, to improve quality and process control in various industrial applications.

This aligns with Intertronics’ existing business, which includes supplying surface treatments technologies that alter the energy of a substrate and remove contaminants to improve adhesion.

Peter Swanson, Managing Director of Intertronics said:

“Most of our customers are interested in adhesion and/or cleanliness, so it is not surprising that Intertronics shares around 75% of Dyne Testing’s customer base. There are a lot of synergies we can leverage to support and grow the Dyne Testing business.”

Dyne Testing’s Alison Fox — who is staying with the new structure, and has a new job title of Brand Manager — said:

“Intertronics brings a wealth of resources to the Dyne Testing Business, including sales and marketing teams, customer sales support functions, an extensive warehouse with modern operations, and a custom designed Technology Centre for hands-on demonstrations and trails.

The Corporate Finance team provided financial and taxation due diligence to Intertrnocis. Simon Alderwich, Corporate Finance Manager, stated:

“We are very pleased to have advised Peter and his team on their recent acquisition. We wish Intertronics ongoing success in the future.”

Legal advise for this acquisition was provided by White & Black.