Acal PLC Appointment of M&A Director
06 March 2017 - 7:01AM
RNS Non-Regulatory
TIDMACL
Acal PLC
06 March 2017
For Release
06 March 2017
Acal plc
Appointment of M&A Director
Acal plc (LSE: ACL, "Acal" or "the Group"), a leading
international supplier of customised electronics to industry, is
pleased to announce the appointment of Jeremy Morcom as Group
M&A Director.
Jeremy will join Acal on 13 March 2017 in this newly created
role to accelerate the Group's M&A activity in line with its
well established strategy of growing its Design & Manufacturing
division by acquiring high quality, complementary businesses.
Jeremy has extensive experience in acquisitions and disposals,
with over a decade spent in investment banking and having overseen
more than 40 transactions during the course of his career in
industry, including leading M&A programmes at FTSE 250
businesses Spectris plc and Invensys plc.
In his capacity as M&A Director, Jeremy will be responsible
for the leadership and delivery of the Group's acquisition
strategy, including pipeline development, deal management and
integration planning. Jeremy will become a member of the Group
Executive Committee.
Nick Jefferies, Group Chief Executive, commented:
"We are pleased to welcome Jeremy to Acal in this newly created
role. Jeremy brings valuable M&A experience to the Group at an
exciting time for the business and I look forward to working
closely with him as we continue our strategy to build a highly
differentiated, international electronics business."
For further information please contact:
Acal plc 01483 544
Nick Jefferies - Group Chief Executive 500
Simon Gibbins - Group Finance Director
Instinctif Partners
Helen Tarbet 020 7457
James Gray 2020
Notes to Editors:
About Acal plc
Acal is a leading international supplier of customised
electronics to industry. It designs, manufactures and distributes
customer-specific electronic products and solutions to 25,000
industrial manufacturers and is listed on the London Stock Exchange
(LSE: ACL).
Acal has two divisions: Design & Manufacturing and Custom
Distribution. The majority of its sales comes from products and
solutions which are created specifically for a customer. Acal works
across a range of technologies, namely Communications &
Sensors, Power & Magnetics, Electromechanical & Cabling,
Microsystems, and Imaging & Photonics.
Acal operates through the following wholly-owned businesses:
Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel,
Plitron, RSG, Stortech, Variohm and Vertec. It has operating
companies and manufacturing facilities in a number of markets
including the UK, Germany, France, the Nordic region, Benelux,
Italy, Poland and Slovakia as well as in Asia (China, India, South
Korea, Sri Lanka and Thailand), North America (the US and Canada)
and South Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
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March 06, 2017 02:01 ET (07:01 GMT)