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Value Undisclosed
Summary
Adey Electronics, a Nottinghamshire-based provider of end-to-end industrial connectivity solutions, has been acquired by Pantek Group, a Greater Manchester-based specialist in industrial automation, connectivity, and technology solutions.
Summary of transaction details:
- Value: Not disclosed
- Sector: Industrial Technology
- Advisor: KBS Corporate
- Key Entities: Target: Adey Electronics; Acquirer: Pantek Group
- Location: Adey Electronics (Bottesford, Nottinghamshire); Pantek Group (Greater Manchester)
Note: This acquisition strengthens Pantek Group's capabilities in industrial technology by integrating Adey Electronics' deep expertise in connectivity, while Adey Electronics gains access to wider group resources and technical collaboration for future growth and expanded offerings.
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Original Source
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