About 600 Group
The 600 Group PLC is focused on the global industrial laser technology industry. Our market leading businesses have a diversified, blue-chip customer base to whom we design and supply industrial laser systems for applications in end-markets ranging from industrial and aerospace to medical and pharmaceuticals.
Who We Are
The Group operates through two brands, TYKMA/Electrox and Control Micro Systems (CMS), providing high-margin, specialised laser solutions including marking, drilling, cutting and welding.
Mission
An enduring commitment to quality, innovation, and service to drive value for our customers and shareholders.
Vision
Proactively address future industrial challenges through a continually expanding portfolio of solutions.
Strategy
To build on the Group’s leading position in the Global industrial laser technology sector through organic growth and value-accretive acquisitions.
Company History
The Group takes its name from the early head office address at 600 Commercial Road in East London. It grew over the years into one of the UK’s leading metal recovery and engineering businesses and became a public company in 1947.
600 Group formed its first machine tool company in 1932 and became the UK’s leading lathe manufacturer through the acquisition of Colchester Lathes in 1954 and TS Harrison in 1971.
In the 1980s, the Group established a strong market presence in the US through the acquisition of Clausing Industrial and largely disposed of its original UK metal and general engineering businesses.
Over the same period, 600 Group also acquired Precision Engineered component manufacturers, Pratt Burnerd International and Gamet Bearings, and developed a new industrial laser marking division – Electrox.
Further acquisitions throughout Europe increased the Group’s presence in key European markets, adding to the worldwide distributor network and offering some of the best machine tools, precision engineered components and laser marking systems available in the market today.
The acquisitions of TYKMA/Electrox and Control Micro Systems (CMS) gave the Group a leading presence in the higher margin, high growth, Global industrial laser technology industry.
In April 2022 the Group completed the sale of its Machine Tool Solutions division, streamlining operations and providing the resources for the Group to focus on accelerating growth from its higher-margin industrial laser systems – both organically and through value-accretive acquisitions
Board of Directors
Directors keep their skillset up to date through membership of their respective professional bodies and as a result of interaction with other bodies with whom they work.
Non-executive Director and member of the Remuneration Committee
Member of the Audit Committee
Paul Dupee
Appointed to the Board as a non-executive Director on 2 February 2011, appointed Chairman on 14 September 2011. A private investor and currently Managing Partner of Haddeo Partners LLP. He has been involved in the management of both public and private companies in the USA and UK over many years and has extensive experience in corporate transactions.
Derek Zissman
Appointed to the Board as a non-executive Director on 2 February 2011 and currently the senior non-executive director. He is a non-executive director of a number of companies including Revolution Beauty Group PLC (AIM Listed), Sureserve Group plc (AIM listed) and HelloFresh SE (listed on the Frankfurt SE). He was a Vice Chairman of KPMG LLP and has considerable experience in both public and private companies throughout the world and extensive City and private equity experience.
Stephen Fiamma
Appointed to the Board as a non-executive Director on 13 May 2015. Until 2014 he was a partner in the tax practice of Allen & Overy LLP and has significant experience of multinational tax planning, acquisitions, divestments and financings particularly involving the USA.
Don Haselton
Don has 45 years of industrial distribution experience with prior management roles with General Electric and Fadal Engineering. Don joined the Group as President of 600 Group Inc in 2006. In this role, Don has been part of the success of the 600 Group in North America and has also had responsibility for the Machine Tools and Laser Technology Businesses worldwide. He was appointed to the Board on 1 September 2021.
Todd Riggs
Todd is currently the Chief Operating and Financial Officer of Sellars Company, a profitably growing, privately held mid-sized manufacturer and marketer of proprietary nonwoven materials. He has substantial experience with private equity portfolio companies and has deep operational, financial, and strategic expertise. He was appointed to the Board on 1 September 2021.
Our Investment Portfolio
