The price represents a multiple of 6.6X 2018 EBITDA and the deal is expected to be immediately earnings accretive for Elektron. Tutela Medical Systems are an ISO9001:2008 company that has been successfully marketing web-based wireless temperature monitoring and recording systems to medical, healthcare, and research facilities worldwide for over 20 years.įully MHRA compliant, Tutela systems deliver unparalleled accuracy for complete regulatory peace of mind.Elektron Technology Plc is pleased to announce that it has acquired Next Control Systems Limited, for a cash consideration of £10.5m, inclusive of £1.7m of cash in Next as at the date of completion. Tutela Medical supply and install fully validated and MHRA compliant web-based, wireless temperature monitoring and recording systems for all types of Medical, Biotech, Laboratory, Pharmacy, Hospitals, Tissue Banks, Blood Banks, and Research facilities worldwide.
Tutela's UKAS Certificate of Accreditation to the ISO17025 can be found on the website. UKAS is the national accreditation body for the United Kingdom, appointed by government, to assess organisations that provide certification, testing, inspection and calibration services.
Under the ISO17025 standard, accredited businesses such as Tutela undergo ongoing internal and external audits overseen by UKAS, which examine procedures, competencies and good practice in order to maintain the UKAS Accreditation. ISO17025 allows us to undertake accredited calibrations and plays a vital role in supporting our clients in meeting their compliance needs." ISO17025 accreditation will give clients the assurance that we uphold the highest standards in calibration services across the company and reinforce our ability to compete internationally for major contracts. Tim Bartholomew, CEO of Tutela, said: "Achieving this recognised standard proves our continued commitment to the highest levels of calibration competency, traceability and repeatability. The company's application for ISO17025 accreditation is a key part of Tutela's ongoing programme of continual improvement, and was awarded after satisfying rigorous audits of the company's technical competence, expertise, processes, procedures, training both on and off site. Tutela supplies monitoring systems to the NHS, being N3 Cloud Approved and an approved NHS Supply Chain partner, as well as major companies such as Grifols, Gen-Probe, Nuffield Health and BMI. 31, 2016 - PRLog - Employing nearly 100 people, Tutela is one of the UK's leading specialist provider of temperature monitoring systems to the medical and scientific sector.
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