LG Motion acquires controlling interest in Precision Acoustics
Posted to News on 8th Mar 2016, 12:00

LG Motion acquires controlling interest in Precision Acoustics

LG Motion Ltd is announcing that it has acquired a controlling interest in Precision Acoustics. Existing shareholders Dr Andrew Hurrell and Dr Paul Morris maintain their interest in the company, whilst founder member and Managing Director Terri Gill has taken the opportunity to retire from the business.

LG Motion acquires controlling interest in Precision Acoustics

The continued product development and research implementation will be overseen by Dr Andrew Hurrell & Dr Paul Morris.

This move will see products, offices and identity maintained - with the Dorchester site continuing to operate as a production and development centre for acoustic and ultrasound components - fully utilising the two companies' complementary expertise and product focus areas.

Gary Livingstone, LG Motion's managing director, says: "This is an excellent addition for LG Motion, and firmly strengthens our position as a market leader in the production of acoustic scanning tanks and motion technology. The move allows us to offer our customers a wider product portfolio, particularly in our positioning and scanning solutions. We believe this is the beginning of Precision Acoustics setting a new benchmark in the ultrasound measurement market in terms of product performance and customer service."

Terri Gill, BSc (Hons), DSR(R), the former managing director at Precision Acoustics thanked the customers and suppliers that have contributed to her successful career over the past 25 years: "I couldn't be happier with the new partnership following LG Motion's acquisition. The potential synergy, particularly in mechanical and electronic motion control, will help drive the technology and product development skills of both companies."

Follow the link to find out more about Precision Acoustics and the company's products.


Precision Acoustics Ltd

Hampton Farm Business Park
Higher Bockhampton
DT2 8QH
UNITED KINGDOM

+44 (0)1305 264669

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