Rotherham, South Yorkshire, England - The Domino Group has completed the sale of fume extraction systems maker Purex International to a company owned by Andy Easey and Trefor Jones, the existing management of the worldwide Purex business.
“Purex provides fume extraction solutions to meet applications in a number of industries, one of which is the coding and marking business of the Domino Group," comments Nigel Bond, CEO of Domino. "Following a strategic review of options, the Domino Board decided that Purex would be better placed to drive expansion in its chosen markets as a business that was independent of the Group. We have no plans to expand the Group’s business into broader extraction or purification applications and disposal of the company will allow us to focus on developing opportunities in coding, marking, and digital printing."
"Purex International Limited has been a part of the Domino Group since 2004 and has played a key role in supporting the development of our laser business," Bond continues. "We are appreciative of the support the Group has received from the whole Purex team and wish Andy, Trefor, and all staff at Purex every success in the future."
"Purex has enjoyed being a part of the Domino Group over a number of years and in that time has developed an enviable reputation, not only for providing fume extraction solutions to the coding and marking industry but also as a key partner across a range of industrial applications," adds Jones, the new managing director of Purex International. "We are excited by the opportunity to focus the business on developing new markets and applications and our plans include further investment in new products."