Quantex embarks on its next stage of growth
By PDD
on July 1 2021
We are delighted to announce that Quantex, the innovative pump technology company that started up at PDD, has been acquired by global pump solution expert, PSG, part of Dover Corporation.
It is now over a decade ago that Dr Paul Pankhurst, inventor of Quantex and founder of PDD identified the need for better, more accurate pump solutions. Working closely with the design and engineering teams at PDD, he developed a fundamentally new innovative concept for safe, affordable and recyclable pumps. In 2009, PDD spun off Quantex as an independent company, under Paul’s leadership.
Karsten Fischer, CEO at PDD says,
“Paul founded and developed PDD to become a leading innovation consultancy, but he also embraced the power of new ideas with an incubation platform that would help startups realise their vision and commercialise disruptive technologies. That entrepreneurial spirit continues to inspire us today. We are delighted to have played a part in this journey and wish Dr Pankhurst and his team at Quantex all the success on this next stage of growth”.