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ITM Soil
Chris Rasmussen and Jon Scott led a management buyout from Boart Longyear UK to set up ITM, and subsequently conducted a reverse takeover of Soil Instruments in 2002. The Sussex group now manufactures and sells equipment that detects soil and ground movement in civil-engineering and construction projects. It recently won contracts from Network Rail and Terminal Five at Heathrow. Sales have soared 249% a year from £380,000 in 2003 to £4.6m in 2005.
“This is an exciting achievement and reflects our investment
in updating existing products, developing new technology and working together
with a great team of people.”
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Company Registered Office: 78 High Street, Lewes, East Sussex, BN7 1XF |
Registered in England. Registration Number: 3837934 |