Wednesday, October 15, 2008

News: Pyronix management secure full control


The Management team of Pyronix Ltd, one of the UK’s leading providers of quality security equipment, has gained total ownership of their company via the buy- out of a 36% stake, held by investment company 3i. The management team, led by Julie Kenny, CBE and Sebastian Herrara, were advised on the deal by Kevan Shaw of Sheffield based dealmakers, Strategic Corporate Finance. Over the past two decades, Pyronix has grown from being a single detector manufacturer to one of the world’s leading providers of quality security equipment. It has developed an extensive product portfolio, utilising the latest developments and state-of-the-art manufacturing processes. The Hellaby based company has become the market leader in its field, with offices in Miami, China and South Africa and exports going to Australasia, South America and the Far East.


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