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Product category: Transformers and Inductors
News Release from: Pace Components/Power Magnetics
Edited by the Electronicstalk Editorial Team on 16 June 2006

Acquisition swims against the tide

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Pace Components has acquired the Electronics Division of CTP Wipac.

One of the interesting things about today's UK manufacturing scene is that, while it appears to be shrinking, there will always be some intrepid organisations who are prepared to swim against the tide and look towards acquisition as means of securing their future stability and, together with that, an increase in their market penetration Pace Components is one such organisation and, as a part of its overall expansion plan, the company recently acquired the Electronics Division of CTP Wipac, a well-established engineering unit situated close to Pace's Buckingham offices and ideally placed to assist development plans