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stontronics

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Stadium Group has agreed to acquire Stontronics, a manufacturer and distributor of power supply units, transformers and adaptors, for £6.5m. Stontronics power products business will strengthen Stadium’s existing business and the deal fits with Stadium’s strategy of making targeted, complementary acquisitions which strengthen its technology offering, as well as providing synergies and cross-selling opportunities. Charlie Peppiatt, chief executive of Stadium Group, said: “A clear focus for Stadium is to continue to strengthen and build on the success of our technology products division. “We have been targeting potential acquisitions that bring a clear value proposition; businesses that complement our existing technologies, increase our exposure to high growth markets, and improve our quality of earnings. “Stontronics will deliver all of these, underpinning our ‘one-stop-shop’ integrated technology strategy and it will provide benefits through synergies, cross-selling opportunities and improved economies of scale.” Based in Reading, Stontronics employs 30 people making and distributing transofrmers,…