discoverIE Group
| File:Discoverie Group logo.jpg | |
| Type | Public |
|---|---|
| Industry | Electronic components |
| Founded | 1986 |
| Headquarters | Guildford, Surrey, England |
Key people | Malcolm Diamond, (Chairman) Bruce Thompson, (Non-Executive Director) Nick Jefferies, (CEO) Simon Gibbins, (CFO) Greg Davidson, (General Counsel) |
| Revenue |  £454.3 million (2021)[1] |
| £20.7 million (2021)[1] | |
| £12.0 million (2021)[1] | |
Number of employees | 4,400 (2021)[1] |
| Website | www |
discoverIE Group plc is an international designer and manufacturer of specialised electronic components for industrial use. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]
History[edit]
The company was established as a supplier of electronic components known as Acal plc by businessman, John Curry, in 1986.[3][4] Acquisitions have included BFI Optilas, a distributor of electronic and photonic components, for £12.6 million in October 2009[5] and Myrra Group, a manufacturer of magnetic electronic products, for £11.3 million in April 2013.[6] Subsequent acquisitions included Trafo Holding AS, a Norwegian manufacturer of electromagnetic products, for £73.5 million in July 2014[7] and Foss As Fiberoptisk Systemsalg, a fibre optics business, for approximately NOK 140 million in January 2015.[8]
The company changed its name from Acal to discoverIE Group (short for discover Innovative Electronics) in November 2017.[9]
References[edit]
- ^ a b c d "Preliminary Results". Discoverie Group plc. Retrieved 5 August 2021.
- ^ "Aggreko (UK): Constituent Deletion - Update Changes in FTSE UK Index Series". FTSE Russell. 5 August 2021. Retrieved 5 August 2021.
- ^ "Discoverie Group". Companies House. Retrieved 5 August 2021.
- ^ "Curry took advantage of Acal's share price strength". Investors Chronicle. 3 July 2003. Retrieved 5 August 2021.
- ^ "Electronic components manufacturer Acal acquires BFi OPTiLAS in €10 million cash and share deal". Proactive Investors. 30 October 2009. Retrieved 5 August 2021.
- ^ "British co Acal acquires Myrra". Renewables Now. 4 April 2013. Retrieved 5 August 2021.
- ^ "BRIEF-Acal to buy Noratel in rights-issue funded deal". Reuters. 5 June 2014. Retrieved 24 January 2022.
- ^ "Acal increases fibre optics footprint with Norwegian acquisition". Proactiveinvestors UK. 7 January 2015. Retrieved 24 January 2022.
- ^ "DiscoverIE is the new Acal". Proactive Investors. 28 November 2017. Retrieved 5 August 2021.