EC Electronics Group Acquires Liad Electronics
The EC Electronics Group, a global provider of electronics manufacturing services, announces the acquisition of Netherlands-based Liad Electronics, having secured backing from Shawbrook Bank and Rockpool Investments.
Liad Electronics specialises in offering printed circuit board assemblies to an exciting base of high-tech customers with sophisticated electronics manufacturing requirements. Its acquisition will provide the EC Electronics Group with a greater presence in mainland Europe, as well as further manufacturing capacity through Liad’s site in Breda, the Netherlands.
Following this transaction, which marks the second acquisition after Rockpools’ investment in September 2022, the group’s Netherlands operations will continue to be overseen by Liad Managing Director Rick Meesters, who will re-invest in the group and join the EC Electronics Group board.
Phil Simmonds, CEO of EC Electronics, said: ‘We are very excited about Liad Electronics joining the EC Group and working with the incredibly experienced team there. Liad will now be the foundation for the next stage of our growth plans in mainland Europe and a key part of the future success of the group’.
Rick Meesters of Liad Electronics commented: ‘I am looking forward to collaborating with the EC Group and Rockpool. The additional services offered by EC will allow us to significantly improve our position and provide extra support to existing relationships’.
Established in 1984, EC Electronics offers end-to-end manufacturing services, including PCB assembly, cable assembly, electronics box build, low-pressure overmoulding, electronic design, supply chain services and product realisation.