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April 2019

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Industrial Physics Acquires C&W Specialist Equipment



Industrial Physics, Inc., a global provider of test and measurement equipment, has purchased C&W Specialist Equipment Ltd., which specializes in the development and manufacture of corrosion test chambers. C&W will become part of TQC Sheen B.V., a manufacturer of lab equipment to test and inspect surface and adhesion properties of paint and coatings.

Industrial Physics' portfolio of brands address critical test and measurement needs of customers in a broad range of industries with an emphasis on packaging and packaging-related applications including food and beverage, metal cans, flexible packaging, paper and plastics, paints and coatings, medical device and consumer electronics. "Industrial Physics companies are helping customers meet the ever-increasing test and quality standards required by demanding regulators, consumers and manufacturers," said a company spokesperson. Industrial Physics is a portfolio company of Union Park Capital, a private-equity firm that specializes in industrial technology investments.

"C&W was founded in 1978 by Nigel Cremer and has experienced significant growth over the years by providing high-quality and innovative products. With the addition of C&W Specialist Equipment Ltd., TQC Sheen B.V. has a more complete portfolio of products to serve customers requiring paint, coatings and surface analysis," said the spokesperson.

"With a large installed base of test chambers and strong brand recognition in the industry, we are very excited to add the C&W product line to the TQC Sheen product portfolio," said Antoon van Osch, Managing Director of TQC Sheen B.V.

Nigel Cremer, Managing Director of C&W, will continue as Managing Director reporting to van Osch.

"I am delighted to have Nigel join the TQC Sheen team. Nigel and his team are respected industry veterans with a strong track record of delivering high customer service and reliable products to global customers that are typically also buying from TQC Sheen," said Antoon.

"We are very excited to be joining the Industrial Physics family of companies," said Nigel. "We have a strong product portfolio and loyal customers but have lacked the global sales and service reach of Industrial Physics. We will now be able to leverage Industrial Physics and its extensive network of channel partners to deliver value to customers anywhere in the world."

For more information contact:

Industrial Physics

200 Newbury Street

Boston, MA 02116

857-472-9693

www.industrialphysics.com

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