Home / Knowledge / News / Textiles / P2i acquires Surface Innovations
P2i acquires Surface Innovations
26
Jul '10
P2i Limited, the world leader in liquid repellent nano-coating technology, has acquired 100 per cent of the share capital of Surface Innovations Ltd, a UK-based technology company with a wide range of functional nano-coating patents. The terms of the deal were not disclosed.

The acquisition expands P2i's product portfolio beyond its market-leading technologies for liquid repellency, adding “functional” coating technologies with applications including anti-bacterial resistance, liquid attracting (super wettable), and many others.

Surface Innovations is a research and development company with 17 patent families that focus on functional nano-coatings obtained using plasma enhanced chemical vapor deposition. It was founded in 2001 by Professor Jas Pal Badyal as a spin-out of Durham University. Professor Badyal will sit on a new Technical Advisory Panel to provide ongoing scientific advice to P2i, as well as developing new patents and applications for the company.

The acquisition of Surface Innovations comes as P2i gains commercial traction in all five of its core markets: Electronics, Lifestyle, Energy and Filtration, Life Sciences and Military/Institutional. In the past year, P2i has tripled its employees to 75 and scaled up its operations, which are now located across Europe, North America and Asia (China, Singapore, Thailand and Indonesia).

Carl Francis, Chief Executive of P2i, said:
“P2i has excelled in commercializing its liquid repellent nano-coating technology, proving beyond doubt that plasma processing is a viable, cost effective industrial process. As our customer base expands and their requirements broaden, the technology we have acquired will enable us to commercialize new functional coatings that further enhance the performance of products ranging from consumer electronics to military clothing.

Dr Stephen Coulson, P2i's Chief Technical Officer, said:
“Bringing Surface Innovations into P2i accelerates our expansion into functional nano-coatings beyond liquid repellency. Its clear lead in areas such as anti-microbial, super wettable fabrics and protein resistance gives us a great springboard into the world of functional nano-coatings and allows us to respond timely to numerous customer requirements.

Prof Jas Pal Badyal, previously majority shareholder of Surface Innovations, commented:
“I'm delighted that my research and patents are now with P2i, which has a proven capability in commercializing plasma technology. It is the perfect vehicle to deploy these various technologies into global markets. We have highly complementary skills sets and this acquisition will see many exciting new inventions launched into P2i's primary markets.”

P2i is the world leader in liquid repellent nano-coating technology. We make good products great by applying innovative science. Our revolutionary technology enables our customers to improve the performance of their products and protect them from the effects of water and all other liquids. This builds value by commanding premium prices and/or reducing costs.

P2i Limited

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search