VERNAY LABORATORIES MAKES STRATEGIC INVESTMENT IN QUANTEX ARC

VERNAY LABORATORIES MAKES STRATEGIC INVESTMENT IN QUANTEX ARC

Agreement strengthens and expands existing partnership focused on developing and marketing Quantex’s single-use, disposable pump technology

LONDON – March 26, 2018 – Vernay Laboratories, a global manufacturer of flow control devices, today announced it has taken an equity position in Quantex Arc, a London-based developer of single-use, disposable pump technology. Specific details of the investment were not disclosed.

The investment highlights the companies’ outstanding success and cooperation over the past four years, developing and marketing Quantex’s novel pump technology and reflects expectations for future growth.

“Since the beginning of the relationship, Vernay has been impressed by the market-disrupting potential of Quantex’s pump technology,” said Ed Urquhart, CEO of Vernay Laboratories.  “The addition of these pumps to Vernay’s existing product portfolio will open exciting possibilities within our core markets.”

Dr. Paul Pankhurst, founder and CEO of Quantex Arc, commented, “The partnership with Vernay has already had a positive impact on our sales growth and development pipeline.”

About Vernay Laboratories

Vernay Laboratories has been innovating, developing and manufacturing elastomeric flow control devices for over 70 years.  The company maintains design and manufacturing locations in the United States, Italy, The Netherlands and China, and sales offices in Japan, Singapore and Brazil.  For more information on Vernay Laboratories Inc., visit www.vernay.com.

About Quantex

Quantex is the innovative leader in single-use pumps for medical, food & beverage and consumer markets.. The company, located in London, has assembled a global patent portfolio surrounding its novel, disposable pump technology.  It provides product design, application engineering and manufacturing services.  For more information on Quantex pump technology, visit www.quantex-arc.com.

 

Media contact:

Andy Woodward

AndyWoodward@vernay.com

+1-404-994-2002

Marine Prat

Marine.prat@quantex-arc.com

+44 208 735 5884

Contact

Call us on +44 (0)20 8735 5880
info@quantex-arc.com

Office address
Quantex Arc Ltd
85 Richford Street
London, W6 7HJ
UK

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