Proflex Advanced Technology acquires TKM Systems
Proflex Advanced Technology UK Ltd has acquired TKM Systems, a refuelling, hose and fittings and fuel systems specialist which earlier this year had won the Proflex Advanced Technology contract to market and co-engineer the new Proflexcell safety fuel bladder tank. Manufactured from an ultra-lightweight, aramid-based fibre (Kevlar) and reinforced with a high tensile, fuel resistant elastomer, Proflexcell has successfully achieved FIA/FT3-1999 approval.
Commenting on the acquisition of TKM Systems in April, Proflex Advanced Technology managing director Simon Dewar said: “TKM Systems was already chosen as a distributor for Proflex Advanced Technology UK Ltd and it has played a key role in co-engineering many customer fuel system projects for Proflex since our company launched at Autosport 2019.
“Whilst TKM Systems supplied all of the in-tank fuel system and refuelling components to each of our fuel bladder tanks, it made perfect sense to acquire TKM Systems and bring all of their stock, equipment, knowledge, technical expertise and personnel under one roof. We will now operate entirely under the name of Proflex Advanced Technology UK Ltd and we will grow together while working closely with our expanded workforce. We are convinced this acquisition will be key in our future growth, as we can now offer our customers a complete one-stop fuel system and fluid transfer package.”
“When Proflex Advanced Technology UK Ltd first selected TKM Systems Ltd as an official distributor, we were absolutely thrilled to be one of only two companies chosen worldwide,” said Kevin Molloy, managing director of TKM Systems. “Since the launch of our collaboration at Autosport Engineering, TKM and Proflex have been in regular contact working closely together on almost every customer fuel bladder tank project. When the proposal to buy out TKM Systems was first mentioned by Proflex, it was an easy decision to make as the both companies simply complemented each other’s specialty. With Proflex already having larger, established premises for fuel bladder tank manufacturing, it made perfect sense to move all TKM stock and assembly equipment into their premises, which was completed at the end of April.”