Kamic Group has acquired AGW Electronics, a UK manufacturer of customised wound magnetic components such as transformers, inductors and associated assemblies. The company is based in Staveley, Derbyshire in a purpose-built 2,800m² production facility.
AGW has over 60 employees and annual sales of approximately £5 million. A broad customer base includes the aviation, telecommunications, audio, military and automotive sectors.
AGW becomes part of Kamic Group’s magnetics business area led by Dan Phelan who said: “AGW has strong skills in the design, development and production of wound magnetic components and the company enjoys a high level of trust among its many customers. AGW will therefore be a valuable addition to our existing operations in the business area.”
AGW Electronics’ MD, Nigel Godwin, added: “As part of Kamic Group’s magnetics business area we will have access to contacts, support and tools that in the long term will benefit AGW, our employees and our customers.”