#United Kingdom #Andover #Wright Industries #Exception PCB #Connexion Technologies

Return of Exception PCB to UK Ownership

In a significant move for the UK manufacturing sector, Wright Industries has successfully acquired Exception PCB Ltd, renewing British ownership of this critical Printed Circuit Board (PCB) manufacturer. The acquisition is set to integrate Exception PCB into the Connexion Technologies group, aiming to bolster advanced manufacturing capabilities in the UK.

A Milestone in National Manufacturing Resilience

The acquisition has been touted as crucial for enhancing the resilience of national manufacturing, aligning perfectly with the UK Government's objectives to secure critical industrial infrastructure. Craig Wright, Chairman and CEO of Connexion Technologies, expressed enthusiasm about the acquisition, emphasizing its potential to foster innovation, investment, and leadership in the manufacturing sector. "Bringing Exception PCB back under UK ownership strengthens our national manufacturing resilience, aligns with UK Government objectives, and opens new opportunities to innovate, invest, and lead," said Wright.

A Promising Future for Exception PCB

Exception PCB is known for its specialization in high-reliability PCBs, particularly in areas impacting defense, aerospace, medical technology, and telecommunications. Kamal Berberi, General Manager at Exception PCB, reflected on the heritage of British engineering within the company. He voiced excitement about the partnership with Connexion Technologies, hoping to continue delivering strategic technologies that cater to their customers' needs.

Investment and Technology

Wright Industries noted that significant recent investments have enhanced Exception PCB's processing technology, positioning it as a contender in global PCB manufacturing. The firm's facility in Tewkesbury has been equipped with some of the most advanced manufacturing technologies, enabling them to respond swiftly to market demands.

National Focus on Domestic Capability

The renewed focus on domestic manufacturing comes at a crucial time as the UK aims to ensure self-sufficiency, particularly within sectors like defense, aerospace, and critical infrastructure. The unification of Connexion Technologies and Exception PCB under UK ownership signifies a commitment to strengthening British industry, maintaining essential supply chains, and creating skilled job opportunities throughout the nation.

Collaborative Efforts

Wright Industries was supported in this acquisition by advisory firms Eversheds Sutherland for legal matters and Crowe for tax-related support. With over 30 years in the manufacturing and engineering landscape, Wright Industries has a track record of facilitating growth for small to medium enterprises (SMEs) in the sector via both investment and developmental strategies.

About Connexion Technologies

Connexion Technologies, home to Exception PCB, boasts revenues exceeding £75 million and employs over 450 professionals. It stands as one of the largest independent providers of advanced electronic and mechanical solutions for high-reliability industries. The group encompasses notable brands including Custom Interconnect, Accura Engineering, Exception PCB, Castle Microwave, and Pure PCB, all geared toward addressing sophisticated challenges in various sectors including defense and life sciences.

Conclusion

As Exception PCB joins the Connexion Technologies family, it represents a pivotal advancement towards enhancing the UK’s manufacturing prowess. This acquisition not only shields strategic capabilities but also reflects a proactive response to the increasing domestic manufacturing demands as well as the vision for technological advancement within the industry.