Nano-Porous clears the air with trade sale

Nano-Porous Solutions, a spin-out of the University of Bath focusing on air filtration systems, has been sold to an unnamed firm.

The deal, which went through on 28 October 2013, saw Nano-Porous sold to a company which Bath described in a press release as a “large trade buyer plc”, however, board of directors records suggest that engineering firm Norgren could be the company in question.

After the acquisition, the Gateshead-based air purifier manufacturer brought on three new board members, Christopher Prince, Richard Fenton, and Mark Wrigley. Two of these, Fenton and Prince, hold director spots with Norgren, while a Mark Wrigley is listed as the firm’s global sector head for rail, indicating that the engineering firm could be a potential buyer.

Nano-Porous’ filtration systems can be used in a number of sectors, including areas such as life sciences and transport in which Norgren also operates.

Rob Head, director of Bath’s Research Development and Support Office said: “I am delighted to see the successful commercialisation of n-psl. Being part of a much larger international business gives it an excellent platform for the future. n-psl has had all the right ingredients for success, innovative technology,  a strong management team and high quality financial backing. I’m also pleased to see the way we have all worked together to delivery of a satisfactory sale.”