Stadium Group Plc, a leading electronic technologies group, announces the acquisition of IGT Industries Ltd, a designer and manufacturer of interface and display solutions for the professional electronics market.
IGT is one of the UK’s leading designers and manufacturers of intelligent display subsystems, the critical technology through which users control professional electronic systems. IGT’s capability includes the latest in back-lit capacitive touchscreens and capacitive switching products, as well as traditional membrane switches. IGT has an established in-house design and engineering expertise, has a strong IP portfolio and a blue-chip client base. IGT operates in growing market sectors for electronics including transport infrastructure, marine, security, medical, food processing, leisure, retail and aviation.
Based in Eastleigh, Southampton, IGT employs around 65 people and has been established for over 25 years. The key senior management have agreed to stay within the business to ensure a smooth integration and to drive further growth as part of the Stadium group.
Stephen Phipson CBE, Chief Executive, said: “This acquisition is the first step in delivering our strategy of expanding into adjacent electronic technologies which complement our existing Power and EMS business and where we can add significant design and Intellectual property to customer requirements. This expansion into the growing area of intelligent displays will help transform Stadium into a higher growth, IP led, technology group focussed on higher margin subsystems.”