TTP Ventus acquired by The Lee Company

TTP Ventus is delighted to share news that our business has been acquired by The Lee Company, a leading precision fluidics business based in Connecticut, US.

TTP Ventus was founded in 2017 to develop and manufacture world-leading piezoelectric micropump technology. The last five years have seen our product portfolio expand substantially, with significant advances in performance and lifetime. Today Ventus’ products enable innovation across a wide range of applications, from medical devices to air quality monitoring. This success would not have been possible without the support of our customers.

As Ventus grows, it is of the utmost importance to us that we maintain the high standards that our customers expect. The Lee Company brings the capability and resources to scale manufacturing whilst maintaining the collaborative, deeply technical approach to customer support that sets both companies apart.

There are other strong parallels between Ventus and The Lee Company. Both companies focus on developing miniature, high-precision, high-performance fluidic components and solutions. We have a similar culture, emphasising technical excellence and our shared values of quality and reliability. Our products are complementary to one another—pumps and valves go hand-in-hand after all—meaning that together we are able to help customers solve a wider range of fluidic control challenges than ever before.

We would like to reassure our customers that it is business as usual for Ventus. We will continue to supply the same products and services to the standard our customers expect, operating from our location south of Cambridge in the UK. For the time being our contact information will remain the same, although we expect that our web, email and telephone details will change over the coming months—and that our name will change to LEE Ventus. Over time, we expect to provide customers with local service and support from one of The Lee Company's regional locations around the globe.

We would like to take this opportunity to express our thanks to our customers for your continued support and custom. We look forward to continuing to do business with you as LEE Ventus.

Please see the official press release from The Lee Company below.

FOR IMMEDIATE RELEASE
September 12, 2022

WESTBROOK, Connecticut (USA) - The Lee Company is pleased to announce that it has acquired TTP Ventus Limited from TTP Group. Based near Cambridge, UK, TTP Ventus is an inventor and manufacturer of silent, compact micropumps and pump modules with unrivalled features, enabling cutting-edge innovation across the medical, life science, environmental, and industrial sectors. These products complement The Lee Company’s existing broad range of miniature fluid control components widely utilized across the same industries.

“TTP Ventus brings exciting new technology to The Lee Company, enhancing our offering in the strategically important life science and medical markets,” said Bill Lee, President and CEO. “The fit with our existing product lines is strong, and we expect our global force of Sales Engineers to accelerate Ventus’ growth. The Lee Company’s unique capabilities in miniaturization and engineering keep our company at the forefront of fluid flow technology and the addition of Ventus is the latest advancement of our technologies. The renamed Lee Ventus will become the eleventh production group for The Lee Company and the fourth member of the Electro Fluidic Systems (EFS) division. Our customers will now have even greater performance range and precision control of pressure and flow conditions in both liquid and pneumatic applications.”

James McCrone, Head of Business Operations, TTP Group, commented, “We’re delighted with this successful outcome for TTP Ventus as it enters an exciting new phase in its growth. Under TTP Group’s incubation the team have transformed an innovative technology into an exciting new product and a successful business. The Lee Company’s established leadership in precision fluidic control and their global sales reach makes them the ideal acquisition partner.”

Lee Ventus will continue operations in the UK, becoming The Lee Company’s first international production unit.

For more information, contact Caleb Bridge at The Lee Company at 860-399-6281 x2536.

For further information, please contact:

TTP Group:
Abi Williams
Email: abigail.williams@ttp.com

The Lee Company Inc.:
Caleb Bridge
Email: BridgeC@theleeco.com

About TTP Ventus Limited ttpventus.com
TTP Ventus is a manufacturer of silent, compact micropumps and pump modules with unrivalled features, enabling cutting-edge innovation across the medical, life science, environmental and industrial sectors.

About The Lee Company Inc theleeco.com
The Lee Company is a world leader in miniature precision fluid control products for industries like aerospace and defense, automotive, diagnostics, industrial and off-highway, medical equipment, scientific instruments, motorsports, oil and gas, power generation, and many others. Founded in 1948, the Company is recognized for providing engineered solutions for some of the world’s largest and most innovative companies. With over 1,100 employees, The Lee Company occupies over 1.2 million square feet of manufacturing space in Westbrook and Essex, Connecticut.

About TTP Group Limited ttpgroup.com
TTP Group combines the strengths of science, engineering, and business development to help companies, large and small, to recognise, create and exploit new technology. TTP Group also incubates new technology and invests in early stage technology companies.

Tom Harrison, Bill Lee, Keith Haddow, Sam Hyde and James McCrone

TTP Ventus team, at TTP Group Headquarters, Thursday 1 September 2022

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