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TEGAM Acquires Product Lines from PPM Instruments
TEGAM Inc. announced that they have reached a formal agreement with PPM Instruments that grants TEGAM an exclusive license to manufacture, market and service their instrumentation products starting 1 August, 2010. After this date, TEGAM will become the sole manufacturer of PPM's resistance measuring equipment, laboratory nano-voltmeters, signal sources and signal conditioners.
TEGAM will move the manufacturing and support of the acquired products to its Geneva, OH facility, and offer the products through existing sales offices and distributors worldwide.
According to TEGAM's National Sales Director, Kevin Kaufman, "PPM's instruments are a great fit for TEGAM, because of our existing expertise in a variety of micro-ohmmeters and sensitive calibration laboratory instruments."
PPM has established a strong reputation for instruments that are exceptionally durable in the field. "We are convinced that TEGAM will continue this tradition of strength and durability as well as extend the scope of the product lines. They have the sales channels combined with applications know-how to engage customers in electrical utility safety testing, materials test, automotive electrical, aircraft testing and calibration laboratories," explained PPM Managing Director, Cliff Nazelli.