Tracerco enhances service offering with ilumink acquisition

05 Mar 2015

Leading industrial technology specialist Tracerco, part of the Johnson Matthey group, today announces the acquisition of UK based ilumink.

ilumink has developed new approaches for physical authentication with breakthroughs in printable laser technology. Key applications include authentication, anti-counterfeiting and security products. Potential markets range from high-value consumer goods through to pharmaceuticals. The technology is unique in offering brand owners overt, covert and forensic authentication in one easily applied print feature.

The company was founded by key members of the Department of Engineering research team at the University of Cambridge, England. Its technology was made possible using grant funding from the Engineering and Physical Research Council (EPSRC), and the Cambridge Integrated Knowledge Centre (CIKC), with subsequent commercialisation funded and supported by the Royal Academy of Engineering Enterprise Hub. Patent funding and support was provided by Cambridge Enterprise, the Commercialisation arm of the University of Cambridge.

The acquisition will further enhance Tracerco’s extensive product assurance portfolio, which is based on innovative and covert marker chemistry coupled with sophisticated and customised analytical platforms. The ilumink technology compliments Tracerco’s expertise in in-product marking with a cutting edge packaging authentication capability positioning Tracerco as a full service provider for all its clients’ authentication needs.

Tracerco’s product assurance technologies are deployed in global brand protection and authentication programs to counter adulteration, counterfeiting and false liability claims across a range of products. The company’s authentication solutions provide rapid incontrovertible evidence that a product is genuine, or not and therefore plays a critical role in detecting and deterring counterfeiting, countering tax and duty evasion, managing false product liability issues, detecting product dilution and adulteration and managing licenced product use.

Dr Vince Croud, Tracerco’s Technology Director, said: “The acquisition of ilumink will allow us to expand our portfolio of technology offerings to ensure we keep pace with the changing needs of customers. It is an excellent fit with the Tracerco business, and the acquisition will allow Tracerco to offer a greatly enhanced range of solutions to its customers.

The ilumink team has been expertly led by Dr Damian Gardiner since its inception, and we are impressed by the dedication to technical excellence and innovation. Bringing the team within Tracerco, provides a great opportunity to build on these strong foundations.”

Dr Gardiner has commented on the acquisition "My colleagues and I are very much looking forward to becoming part of the Tracerco team. By combining our technical expertise and creativity, we can further develop our world leading anti-counterfeiting and brand authentication technologies for our customers’ benefit.”

Arnoud Jullens, Head of Enterprise at the Royal Academy of Engineering, added: “We’re proud to have supported Damian through the growth of ilumink from a university spin-out to this important new phase. The Enterprise Hub is geared-up to identify the UK’s most promising academic engineering talent and support the development and growth of fully-fledged, successful enterprises. ilumink’s achievements to date are testament to this process and the value that we offer through mentoring, funding, and making connections.”

Notes to editors:

Tracerco is a global oil and gas service company providing local support through an extensive range of bases and offices worldwide. With approximately 500 people with 30 different nationalities, Tracerco aims to provide its customers with global coverage, with a local service culture.

Tracerco won a coveted Queen’s Award for Enterprise 2009 Innovation award for its ground-breaking radiation monitor range. It is the third Queen’s Award the company has collected in the past six years. Tracerco was also named North East ‘Company of the Year’ 2009 at regional awards for the North East of England. In addition, in 2013 Tracerco collected an Award for Innovation from the Institute of Physics and in 2014 Discovery™ received the Subsea Technologies Award from the Pipeline Industries Guild. More recently, in 2015 DiscoveryTM received the Innovation and Technology Award from Subsea UK

Tracerco employs innovative technologies to measure, characterise and control process systems and diagnose operational problems in all aspects of the oil and gas production supply chain, these ranges from reservoir management through to refining for retail outlets which sell consumer fuel products. Tracerco’s specialist technologies are used to increase production, reduce operating costs and optimise shutdown programmes. Tracerco also provides a range of unique tracer solutions used to tag hydrocarbons as part of anti-adulteration, anti-theft and environmental programmes. For further information about Tracerco visit: www.tracerco.com


About Johnson Matthey

Johnson Matthey is a global speciality chemicals company underpinned by science, technology and its people. A leader in sustainable technologies, many of the group’s products enhance the quality of life of millions through their beneficial impact on the environment, human health and wellbeing. The group focuses on clean air, clean energy and low carbon technologies and is an expert in the application and recycling of precious metals. Johnson Matthey has operations in over 30 countries and employs around 12,000 people. Its products and services are sold across the world to a wide range of advanced technology industries. For further information, please visit www.matthey.com

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