Management Buyout of ChargePoint Technology

October 13, 2009

1 Min Read
Management Buyout of ChargePoint Technology

ChargePoint Technology has been purchased from its previous owner Powder Systems Ltd (PSL). Continuous success of the ChargePoint product range provided the opportunity for a management buyout supported by The Co-operative Bank and 3i. This enables the new company, ChargePoint Technology Ltd, to focus and expand, allowing the already growing range of products to reach their full potential.

In announcing the takeover, Chris Eccles, who will continue in the position of managing director, said, “ChargePoint is an internationally renowned brand in the pharmaceutical containment and powder handling arena with a large and loyal customer base and a reputation for high-quality and excellent customer service. We are, therefore, in a prime position to support our customers’ growth as the demand for innovative contained powder handling solutions continues to develop.”

The existing team of experienced sales, engineering, and production staff has been further strengthened to support the current and projected growth. Extensive research and development continues to take ChargePoint Technology into new markets.

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