Laird Thermal Systems acquires Tark, Inc.
Laird Thermal Systems has acquired Tark, Inc., a specialised pump and cooling solution provider for the medical and industrial CT and X-Ray tube industry.
Representatives of Laird Thermal Systems and the company’s previous owner signed the contracts in March 2024. With this acquisition, Laird Thermal Systems is strengthening its position as a thermal management solutions leader.
Tark, Inc., established in 1985, designs, manufactures and refurbishes pumps and complete cooling solutions for demanding applications tailored to specific customers’ needs. Tark’s unique technologies and focus on continuous improvement enabled them to maintain a significant competitive advantage with their high-quality, high-reliability, low-noise and best form factor products. The Tark facility in Dayton, OH is equipped to serve customers’ needs including design, engineering, and manufacturing of components and cooling systems.
“This acquisition supports our strategy to serve mission-critical applications with the best solutions in the thermal management industry. We are extending our portfolio and capabilities with critical thermal management components, and will further strengthen our global engineering and manufacturing footprint,” said Christoph Bauckhage CSO of Laird Thermal Systems. “Our businesses and products are highly complementary. With this step, our companies are expanding their solutions portfolio to enhance our global market position and create further benefits for our customers.”
“We are proud and very excited to become part of Laird Thermal Systems which ensures continuity and success of our company." said Jim McCarthy, CEO of Tark, Inc. "We strongly believe that this step will maintain our strong customer focus, support further improvement in our capabilities, and reinforce our company values. Laird Thermal Systems is an excellent partner to take the Tark, Inc. business to the next level.”
"Tark has proven its outstanding capabilities – not only in system design and manufacturing but in integration and successful ongoing development of its pumps and cooling systems", further elaborated Christoph Bauckhage. "These capabilities and highly advanced technologies fit perfectly with our vision for our thermal management portfolio. Together with Tark, we will strengthen our leading position, diversify our offerings, and explore new attractive markets.”