Refrigeration, air conditioning and ventilation specialist, EJM Engineered Systems Ltd announced today that it has agreed to buy Derby-based Cryotech Systems Ltd.
EJM chairman, Matt Morton, confirmed that, on Friday 4th December 2015, he and Crytotech Systems managing director, Ron Mearns, had agreed on terms for the County Durham-based to buy the Midlands-based business for an undisclosed sum.
Cryotech Systems was formed in 1982 and EJM in 1980. EJM Engineered systems has seven skilled engineers working from its offices in Shotton Colliery. Cryotech Systems has four engineers in Derby. Ron Mearns will continue working within the new business for the next three years, at least, as engineering director. The businesses will continue to trade under their own names for the time being, until the final details have settled in.