HomeCompany NewsGresham Worldwide acquires Relec Electronics

Gresham Worldwide acquires Relec Electronics

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Premium power electronics and display technology specialist Relec Electronics has been acquired by Gresham Worldwide, bolstering the group’s presence in the UK and Europe while augmenting its extensive manufacturing base and specialist product lines.

Relec has been providing specialist power conversion and display technology to the industrial, rail transportation and emerging electronic market sectors since 1978, serving customers in the UK, Europe, Asia, and the United States.

Gresham Worldwide’s UK subsidiary, Gresham Power Electronics, is based in Salisbury. It designs, manufactures and distributes highly reliable power electronics for naval and industrial markets.

Karen Jay, managing director at Gresham Power Electronics, said: “Bringing these operations together significantly increases the Gresham Worldwide footprint in the UK and Europe while broadening its technology portfolio with high-quality power conversion and display product offerings.

“The combination of Relec with Gresham Power Electronics provides scale, technical capabilities, and technology solutions to drive growth in the UK and Europe.”

Peter Lappin, Relec’s managing director, commented on the potential for growth and opportunities. “Everyone at Relec is looking forward to becoming part of the Gresham Worldwide group,” he said. “Joining forces will provide Relec with additional resources to offer more value-added services to our blue-chip customer base while increasing sales coverage and market reach for our innovative supply chain partners.

“Working with other Gresham Worldwide companies will also create opportunities for Relec to increase sales of its innovative power and display technology solutions into defence, marine, aerospace and telecommunications markets.”

Gresham Power Electronics and Relec will continue operating in the UK as stand-alone businesses, with a joint management committee comprised of representatives from both operating subsidiaries and the Gresham Worldwide executive team. Peter Lappin will remain as managing director and the entire Relec management team has committed to remain with the company.