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Precision Induction Heating |
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| ISO 9001:2000 certified |
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Precision Induction Heating |
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| ISO 9001:2000 certified |
Ameritherm Inc. acquires British induction heating company |
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(Rochester, New York, January 20, 2005) Ameritherm Inc., a leader in radio frequency induction heating equipment, announced today that it has acquired substantially all the assets of Cheltenham Induction Heating Ltd. (CIH) of Cheltenham, Gloucestershire, England. Cheltenham Induction Heating will operate as an autonomous subsidiary under its current name as part of the Ameritherm organization.
This investment represents a strategic initiative by Ameritherm that expands both companies’ applications engineering, service and support capabilities while building upon their combined worldwide sales and marketing resources. The synergy between the two organizations will provide unsurpassed service and uninterrupted worldwide support in US and European time zones. This follows the 2004 opening of Ameritherm Europe; a marketing office based in the Netherlands and expanded distribution channels in Europe, Asia and the Americas. These resources are augmented by CIH’s recent development of strategic relationships in South Africa and Eastern Europe.
“We are formalizing and expanding upon the rich history and 20 year relationship between the two companies,” explains Dick Rosenbloom, Ameritherm co-founder and President. “We are investing in CIH because they mirror Ameritherm’s reputation for quality and innovation. Together we will continue to develop the industry's premier products in a complementary manner, with customers of both organizations being the ultimate winners.”
“We are delighted to be able to combine our two premier high frequency induction heating organizations. Ameritherm shares our belief in the value of focused efforts within the induction heating market to increase customer value. In so doing, both companies have been able to offer more advanced products and solutions at lower costs. Now in concert with Ameritherm we can backup these products with more comprehensive worldwide service and support,” stated Andy Davies, Managing Director of Cheltenham Induction Heating.
This acquisition brings together the top high frequency induction engineering and application expertise in the industry. Combined, the two companies have 19 technological patents and installations in over 40 countries.
Ameritherm has been a leader in the development, manufacture and application of RF induction heating equipment for a wide range of industrial and research applications since 1986. Ameritherm products are manufactured at the ISO 9001:2000 certified facility in Scottsville, NY.
Precision heating solutions include power supplies, custom induction coils, remote heat stations and water-cooling products. Extensive product and applications information including video demonstrations are featured at the Ameritherm website, www.ameritherm.com.
Ameritherm sells and supports products worldwide and has offices, distributors or representatives in the Americas, Europe, and Asia.
During Cheltenham Induction Heating’s forty-year history, the company has become known for specializing in the design and manufacture of high and medium frequency induction heating equipment and all associated handling equipment. Cheltenham products are manufactured at the ISO 9001 registered facility in Cheltenham, Gloucestershire, England. Renowned for technical excellence in innovation, CIH provides solutions to the automotive, aerospace, industrial, medical and scientific industries through out Europe, Africa and Australasia.
The CIH website, www.cihinduction.com demonstrates the range of equipment and services available.