"This exciting acquisition supports our Group strategy to build a leading design-led electronic technology solutions group with a portfolio of value-adding complementary products, design and integration capabilities," Charlie Peppiatt, ceo of Stadium Group said. "We aim to simplify the supply chain and reduce time to market for our customers."
Stontronics will join Stadium's Technology Products division and work alongside their existing Power Products business, Stadium Power. The Stadium Group says it can now offer wireless M2M connectivity, intelligent interface display systems, PCB assembly and box build, customised power products and now, due to this acquisition, a range of standard and semi-customised power products to its customers from a single source.
Paul Branston, managing director of Stontronics added: "Stontronics' extensive range of power products, strong supplier network and established distribution partnerships complements Stadium Power, offering synergies, economies of scale and a much stronger proposition to our mutual OEM customers."
