Specialist distributor, Advanced Power Components (APC), has acquired the entire issued share capital of Contech Electronics, a distributor of data input devices, for a total consideration of approximately 1.0 million. With a focus on supplying keyboards, barcode scanners, card readers and touch screens to markets including industrial, broadcast and medical the Contech acquisition diversifies APC’s current areas of business while maintaining the company’s familiar design in approach. APC will follow projects from concept through to production and provide customers and suppliers with an effective support capability.
Chief executive of Advanced Power Components, Mark Robinson, commented: The acquisition of Contech will allow APC to maintain its strategy of focussing on specialised product areas while enabling us to diversify into new technologies and markets, further boosting our overall growth.