Kittiwake Acquires Holroyd
Kittiwake Developments, a provider of asset control and protection technology, has announced the acquisition of Holroyd Instruments, an acoustic emission technology manufacturer. The newly named Kittiwake Holroyd supplies acoustic emission instruments for the early detection of problems in a wide range of applications, all relating to monitoring the condition of rotating machinery. Suitable for continuously running machinery as well as machinery operating intermittently or for short durations, acoustic emission allows the user to diagnose problems with machinery at an early stage, carry out maintenance procedures and then monitor the improvement.
Holroyd’s product range includes portable instruments, permanently installed remote sensors for areas of difficult access, as well as stand-alone programmable smart sensors for continuous surveillance. The company has pioneered autonomous signal processing algorithms – for example its proprietary Distress® parameter - designed to remove the need for machine specific interpretations.
Despite the challenging financial climate, Kittiwake Developments achieved approaching 10% growth last year. This latest announcement follows the recent acquisition of Procal, a provider of in-situ emissions monitoring technology. Kittiwake continues to explore various expansion strategies to achieve ambitious growth plans, with further significant announcements expected during the second half of 2011.