Acal plc (ACL) - nice little acquisition
The leading international supplier of customised electronics to industry has announced a small bolt-on acquisition.
Acal is a leading supplier of customised electronics to industry. It designs, manufactures and distributes customer-specific electronic products and solutions to 25,000 industrial manufacturers. Acal has two divisions: Custom Distribution and Design & Manufacturing. The majority of its sales comes from products and solutions which are either created uniquely for a customer or sourced exclusively. Acal works across a range of technologies, namely Communications & Sensors, Electromechanical, Imaging & Photonics, Embedded Computers & Displays, and Power & Magnetics. The Group has acquired Denmark based Flux AS (“Flux”) for a consideration of DKK 39m (£3.7m) on a debt free, cash free…