600 Group acquires laser marking company Tykma

Machine tools and laser marking company 600 Group has acquired 80% of the common stock of Tykma, which specializes in the design, production, and distribution of laser marking systems for a broad range of industry applications.

Heckmondwike, West Yorkshire, England - Machine tools and laser marking company 600 Group has acquired 80% of the common stock of Tykma (Chillicothe, OH), which specializes in the design, production, and distribution of laser marking systems for a broad range of industry applications. These systems are used for traceability, branding, and component identification on metals; carbide, painted or anodized materials; most plastics; and many other substrates, and have been incorporated into the production processes of numerous US industrial companies in the electronics, medical, tooling, and automotive sectors.

The vendor management team will retain 20 percent of the common stock in Tykma, and continue to be engaged in full-time management positions. The business will be fully integrated with Electrox, the Group's existing laser business, which will be moved into a new UK subsidiary, Electrox Laser Limited. Upon integration, the management of the combined business will be led by David Grimes, the principal shareholder in Tykma, who will report to the Group's CEO, Nigel Rogers.

"We are delighted to announce this strategic investment in the product identification industry segment," says Rogers. "We share a common vision with the Tykma management that the combination of Electrox and Tykma will enable us to build a leading position in this fast developing marketplace, based on shared values of outstanding customer service, excellent product technology, unrivalled professionalism in sales and distribution, and depth of engineering expertise."

For more information, please visit www.600group.com and www.permanentmarking.com.

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