18th December 2019
Insensys have been shortlisted for for the Thames Valley Business & Community Awards, in the SME of the year category. These awards will recognise businesses, charities, and individuals that have made an outstanding contribution in the region. This is recognition for a very successful year in which the company has grown its sales and profitability.
Insensys becomes independent
4th December 2019
Hampshire-based Insensys Ltd has been acquired from Moog Inc by its directors in a complete Share Purchase management buyout.
Insensys are global leaders in Fibre Optic strain measurement systems in the wind turbine industry.
The existing management team of Chris Knox (CEO), Dr. Glynn Lloyd (CTO) and Andy Gallon (COO), also welcome Lucy Knox (CFO) to the Board of Directors. Lucy joins Insensys after a 20 year career as Partner at Deloitte, London.
"This is an exciting time for Insensys. It is a company with a bright future - we have a great customer base of some of the biggest Wind Turbine manufacturers, a full order book stretching well beyond 2020, and a technology roadmap that continues to develop our already market leading products. As an independent company, we will be able to refine our own strategy and align our structures in an even more targeted manner to the needs of our market and customers. It will allow us to invest further in the development of our products, ultimately enabling our customers to lower the cost of energy", says Chris Knox.
The sale of Insensys has no impact on the 30 employees, who have been transferred to the new ownership within the current organisational structure, staying at the same site. All on-going supply contracts will be unaffected by the change.