Dr Rob Adam, Necsa's CEO and Chairman of the NTP Board, concurred that NTP has shown consistent growth in revenue, profitability, product portfolio, personnel strength and markets since its inception as a commercial division of Necsa.
added that after 12 years as NTP's distributor of sealed Ir-192 sources in international markets and growing the business substantially in this time, Gammatec
is now part of the NTP subsidiary family, which comprises of AEC Amersham (Pty) Ltd (100%), NTP Logistics (Pty) Ltd (51%) and Cyclotope (Pty) Ltd (100%).
said this is a change in shareholding, and not a change in process or operations.
Strategically, the partnership will enhance the NTP-Gammatec position in the global NDT environment.
It will undoubtedly allow for expansion of operations into certain areas and to further develop the product exposure in existing territories.
and its highly experienced, skilled and motivated team to the NTP
fold and, on behalf of NTP, said that the organisation looks forward to an exciting time developing the business into becoming the World's No 1 NDT Equipment and Sealed Source Supplier!
congratulated NTP Radioisotopes
for strategically following its mandate.
said that one hopes to see more of these kinds of mergers flourish!