Electronics Production | March 19, 2008
Stadium may acquire a major power business
UK based EMS provider Stadium Group is considering a major purchase of a large power business.
If the company completes the purchase it will have access to new technologies, in the UK and abroad. According to Mr. Nigel Rogers, the company’s CEO, a key growth area in the near future is the power division, which provides power supply solutions for converters and battery chargers. Stadium Group has previously announces a 23% increase in profit before taxation and sale of property to £2.66m (2006: £2.16m) for the year ended 31 December 2007, Gazettelive reports.