LONDON: discoverIE Group plc (LSE: DSCV), a leading international designer and manufacturer of customised electronics to industry, today announced the acquisition, subject to certain regulatory approvals, of Trival Antene d,o,o (Trival), a Slovenian-based designer and manufacturer of communication antennae and masts for defence and professional applications. Trival is being acquired for an initial cash consideration of €45.5m (£39.9m)…
LONDON, UK: discoverIE Group announced the acquisition of 2J Antennas Group (2J), a Slovakian-based designer and manufacturer of antennas, for a cash consideration of €52.5m (£45.0m) on a debt free, cash free basis, before expenses, which will be funded from the Group’s existing debt facilities. Founded in 2002, 2J Antennas is a leading designer and…
LONDON, UK: discoverIE Group plc (LSE: DSCV), a leading international designer and manufacturer of customised electronics for industrial applications, announced the acquisition of the CDT Group. CDT Group, which is a designer and manufacturer of customised plastic enclosures for circuit boards, membrane keypads and associated electronics components, has been acquired for a total cash consideration…
LONDON, UK: discoverIE Group announced the sale of Acal BFi, the Group’s electronic component distribution business for £50 million, a bourse filing said on Tuesday. The company has agreed to sell Acal BFi to H2 Equity Partners, for a total cash consideration of £50m, on a debt free, cash free basis, comprising an upfront payment…
LONDON, UK: The Board of discoverIE Group plc, a leading international designer, manufacturer and supplier of customised electronics to industry, announced the appointment of Rosalind Kainyah MBE as a Non-Executive Director, with effect from 1 January 2022. Rosalind brings many years of senior management, executive and board experience in international environments. She has extensive experience…
LONDON: discoverIE Group plc has announced the acquisition of Limitor GmbH Limitor, a designer and manufacturer of thermal safety components and sensors, is being acquired, subject to certain regulatory approvals, for an initial cash consideration of €14.5m on a debt free, cash free basis, before expenses, funded from the Group’s existing debt facilities. In addition,…