TT electronics Acquires Majority of ACW Technology Ltd, Manufacturing Services to be Integrated into the IMS Division
Customers gain a competitive advantage through the combination of highly regarded EMS capabilities and global supply chain and manufacturing resources.
Rogerstone, U.K., 13 December 2012 – TT electronics plc, a global provider of performance critical technology solutions to leading manufacturers, announces it has acquired the majority of business and assets of ACW Technology Limited (in administration) and agreed to the transfer of associated production from ACW Technology (Zhuhai) Limited to TT electronics’ facility in Suzhou, China. The acquired ACW UK manufacturing operations which provide manufacturing services to leading global customers in the industrial, aerospace and defense markets will be integrated into TT electronics’ integrated manufacturing services (IMS) division.
With UK assembly operations based in Southampton and Tonypandy, South Wales, ACW Technology specialises in aerospace and defense technologies. Technical excellence, a highly skilled workforce, and experience undertaking specialised projects have resulted in ACW’s rank as one of the UK’s leading electronics manufacturing services businesses.
To complement its expertise in producing highly complex electronics, TT electronics-IMS will maintain its existing 89,000 square foot facility in Rogerstone, South Wales that specialises in PCBA and complete box build integration, and serves as home to Abtest, TT electronics’ UKAS accredited No. 0042 environmental and reliability testing laboratory. With the addition of the Tonypandy and Southampton facilities, TT electronics-IMS will operate six global facilities located in Europe, North America and Asia.
“The addition of this operation and its seasoned team enhances TT electronics’ overall service offerings in the UK, placing us in a stronger position as one of the leading EMS companies in the aerospace and defense industries. ” said Gary Allen, Managing Director, TT electronics.
“As part of our ongoing growth strategy to serve new and existing customers, the acquisition of UK business from ACW Technology is the right fit for TT electronics-IMS,” said Allen. “We consider our world class manufacturing facilities an extension of our customers’ capabilities - designed for flexibility and agility with the highest level of certifications specific to the markets we serve. The acquisition of ACW extends our customised services to all customers, and further demonstrates our commitment to the aerospace and defense sector.”
Owen Reeves, MD of ACW Technology will be joining the TT-IMS team to continue developing strong customer relationships and future global opportunities. Reeves demonstrates a high level of experience, vision and commercial understanding, instrumental in securing new business and further developing TT electronics’ specialised suite of service offerings. “We expect this acquisition to result in greater opportunities for both ACW and TT customers, as well as broaden our strength in the aerospace, defense and medical market segments,” said Reeves.
About TT electronics integrated manufacturing services
TT electronics integrated manufacturing services (IMS), a wholly owned subsidiary of TT electronics plc, specialises in low volume, high mix electronics contract manufacturing for the aerospace, defence, industrial, medical and rail industries. With manufacturing locations in North America, Europe and Asia, TT electronics provides high complexity electronic and electromechanical assemblies for regional and global manufacturing companies. With a reputation for quality, engineering, testing and integration, TT electronics provides every customer with personalised business solutions and global buying power. For more information, visit www.ttelectronics-ims.com.
About TT electronics plc
TT electronics plc is a focused, global electronics group supplying leading manufacturers in the defence, aerospace, medical, transportation and industrial markets. The Group consists of three divisions: Components, Sensors, and Integrated Manufacturing Services each delivering technology, products and services to customers in target markets worldwide. TT electronics plc operates from headquarters based in Weybridge, Surrey, with more than 20 global manufacturing locations and more than 6,000 employees worldwide.
Paula Stoneman, TT electronics IMS, Perry, Ohio, USA
00 1 440 358 5278 or email@example.com
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