Philadelphia-based Tridex Technology Ltd has been acquired by Glebar Company, a precision grinding solutions organization.
Tridex is a leader in Electrochemical Grinding (ECG) technology, bolstering double-digit growth since inception. The company specializes in the design, manufacture, application development and automation of electrochemical grinders, cut off machines and precision abrasive cut off solutions. With over 100 years of combined ECG experience and a vast array of applications in the Medical and Aerospace industries, to name a few, Tridex provides turnkey solutions and services tailored to its customer's needs.
Glebar CEO Robert Baker, said in a statement, "This is hopefully the first acquisition of many and marks a new chapter in our 67-year history."
Glebar Chairman Adam Cook said, "This partnership is another step in the Glebar growth story. Tridex further bolsters our core focus within the non-elective medical minimally invasive procedures market and expands our reach in aerospace and other industries. Under Robert's leadership, we are well positioned to aggressively pursue targeted organic and inorganic opportunities."