Ultrawave is pleased to announce that it has successfully completed a management buy out from its former Managing Director, John Melville (MediWales, 2017).

Based in Cardiff, Ultrawave has over twenty seven years experience in the design and manufacture of precision ultrasonic cleaning equipment. It supplies a diverse range of customers in many industries in the UK and abroad.

The institutional funding for the buyout was provided by Finance Wales and the management buy out team comprises of the four existing directors; Nicola Watkins, Ian Corp, Kevin Davies and Andrew Beresford who is now Managing Director.

In addition, Ultrawave has appointed Nick Harknett as a Non-Executive Director. Nick Harknett is the former Marketing Director of the Yell Group and brings significant experience in sales and digital technology.

Andrew Beresford said “As a trusted supplier of high quality ultrasonic cleaning equipment, Ultrawave already has a customer base that ranges from healthcare to many manufacturing and processing industries. The management team has ambitious growth plans following the buy-out, continuing to work closely with our existing customers. Building on this firm foundation, we want to further develop products and services that will deliver the most effective and efficient cleaning processes.”