Northern Ireland electronics manufacturer expands with acquisition in Scotland
The combined entity will bolster the Enniskillen firm’s presence in the Electronics manufacturing services (EMS) market with a revenue exceeding £50million
Enniskillen-based Elite Electronic Systems, a provider of electronic manufacturing services, has acquired CB Technology from Maven Capital Partners.
Elite Electronic Systems has acquired the Livingston-based manufacturer, marking a significant milestone in the group's ongoing expansion.
The move will allow Elite to serve a broader range of industries and expand its footprint in the competitive electronics manufacturing sector.
The combined entity will benefit from shared market intelligence, expanded resources, and increased manufacturing capabilities, bolstering Elite's presence in the Electronics manufacturing services (EMS) market with a revenue exceeding £50million.
Jonathan Balfour, chief executive of Elite Electronic Systems, said: "This acquisition is a pivotal step for Elite as we continue to grow and innovate in the EMS industry.
"The addition of CB Technology’s specialised expertise and strong market presence will allow us to deliver even greater value to our customers. We are excited to welcome the CB team to the Elite family and look forward to achieving new heights together."
John Cameron, managing director of CB Technology, added: "We are proud of what we have achieved at CB Technology and are excited to join forces with Elite, a company that shares our vision and values. Together, we will be able to offer enhanced solutions to our customers and create new opportunities for our employees."