Halifax, UK - 06 March, 2025
PPT Group, home to trusted brands including Alluris, James Heal, Lansmont, and Mecmesin, is pleased to announce its acquisition by SK Capital, a private investment firm with deep expertise in the industrial and life sciences sectors.
This partnership marks an exciting milestone in PPT Group’s journey, strengthening its position as a global leader in quality control testing solutions.
As part of this transition, PPT Group welcomes Jim Neville as its new President and Chief Executive Officer. With a strong track record of driving business transformation, Jim brings a wealth of leadership experience from the life sciences and testing industries. Previously, he served as CEO of Industrial Physics, a global provider of testing and inspection solutions, and before that leading multiple global P&Ls for Thermo Fisher Scientific.
The acquisition by SK Capital is a significant step in PPT Group’s strategy to enhance innovation, leverage synergies across its brands, and expand its global reach. With a portfolio of brands known for precision and reliability, PPT Group is committed to delivering industry-leading quality control solutions to customers worldwide.
“I am excited to join PPT Group and partner with Neil Pryke [PPT Group MD] and the entire team at this pivotal juncture,” said Jim Neville, President and CEO of PPT Group. “We see enormous potential to enhance our product offerings through organic initiatives and M&A focused on complementary, differentiated material testing products and services. Together, we are well-positioned to build on PPT Group’s unique legacy and accelerate our growth trajectory.”
About SK Capital
SK Capital is a private investment firm with a disciplined focus on the specialty materials, ingredients, and life sciences sectors. They seek to build resilient, sustainable, and growing businesses that create substantial long-term value. SK Capital aims to utilise its industry, operating, and investment experience to identify opportunities to transform businesses into higher performing organisations with improved strategic positioning, growth, and profitability, as well as lower operating risk. For more information, please visit www.skcapitalpartners.com.
About PPT Group
PPT Group is a family of industry-leading brands that provide cutting edge properties testing and measurement instruments. With its deep technical expertise and customer service, PPT Group’s high-quality products are trusted by leading brands, manufacturers, retailers, and labs worldwide for physical property assessment in mission-critical quality assurance and research and development. Headquartered in Halifax, United Kingdom, PPT Group offers an extensive portfolio of torque, tensile strength, abrasion and pilling, compression, shock, and vibration testing instruments to a large blue-chip customer base. For more information, please visit www.pptgroup.com.
For further information, please contact:
- Sarah Philp - Marketing Manager
sarah.philp@pptgroup.com
+44 1422 366355
www.pptgroup.com
- Sharon Smorenburg - Marketing Manager
sharon.smorenburg@pptgroup.com
+44 1422 366355
www.pptgroup.com