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March 2020

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Glebar Company Acquires Tridex Technology



Glebar Company, a precision grinding solutions organization, has announced the acquisition of Tridex Technology Ltd.

Tridex is a provider of electrochemical grinding (ECG) technology, specializing in the design, manufacture, application development and automation of electrochemical grinders, cut-off machines and precision abrasive cut-off solutions. "With over 100 years of combined ECG experience and a vast array of applications in the medical and aerospace industries, to name a few, Tridex provides turn-key solutions and services tailored to its customers' needs," said a company spokesperson.

"We are humbled by this transformational opportunity and are excited to welcome the Tridex team to Glebar. Both companies' respective customers will benefit from the synergy we create together," said Robert Baker, CEO of Glebar Company. "This is hopefully the first acquisition of many and marks a new chapter in our 67-year history."

Adam Cook, Chairman, added, "This partnership is another step in the Glebar growth story. Tridex further bolsters our core focus within the non-elective medical minimally invasive procedures market and expands our reach in aerospace and other industries. Under Robert's leadership, we are well positioned to aggressively pursue targeted organic and inorganic opportunities."

"We are excited to be joining the Glebar team. The combined entity will facilitate continued growth to better serve our customers and all stakeholders," said Daniel Stern, President and CEO of Tridex Technology.

ECG technology combines abrasive grinding with electrochemical machining to provide stress-free, low-force cutting with no burrs and no metallurgical damage such as recast, heat affected zone, burning or work hardening. ECG is widely used for tube cutoff of materials such as stainless steel hypodermic needle tubing where deburring is not practical. ECG is also used for aerospace applications such as fragile honeycomb materials and turbine airfoils where the material is thin, fragile and heat sensitive. Materials such as Cobalt-Chrome, Hastelloy, Inconel and Nitinol, which are difficult to machine with conventional methods, can be easily and accurately cut with burr-free electrochemical grinding. The precision abrasive technology is widely used in the aerospace fastener industry for cutoff of high temperature alloys, titanium and tool steel bars.

For more information contact:

Glebar Company

565 East Crescent Avenue

Ramsey, NJ 07446

201-337-1500 / 800-235-5122

info@glebar.com

www.glebar.com

Tridex Technology Ltd.

4125 Whitaker Ave.

Philadelphia, PA 19124

info@tridextech.com

www.tridextech.com

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