Stockholm, Sweden– KAMIC Group has acquired all the shares in Avon Magnetics Ltd. The sellers are John and Lynn Anderson. The acquisition has been done through its subsidiary ETAL (UK) Ltd.
Avon is a leading British manufacturer of wound magnetic components such as transformers, inductors and coils, with associated designs. Most components are developed specifically for customer-unique applications. Operations are based in Christchurch, Dorset on the English south coast, where the company has its own production facility.
Avon’s history goes back to the 1960s but the company has operated under its present name since 1992. Over the years the company has built up expertise and is certified according to AS9100 revision D and ISO9001:2015. This is reflected in the company’s strong position as a supplier to industries such as aerospace, defence and medical technology. Avon has some 50 employees and annual sales of approximately GBP 2.5 million. Following the acquisition, Avon is part of KAMIC Group’s Magnetics business area led by Dan Phelan.
“Avon Magnetics is a highly reputed player with strong skills in the design, development and production of wound magnetic components. Avon Magnetics will therefore be a valuable addition to our current operations in the Magnetics business area,” says Fredrik Celsing, President and CEO of KAMIC Group.
The previous owner and Managing Director of Avon Magnetics, John Anderson, comments on the deal: “We are very pleased to have KAMIC Group as the new owner. We have a lot in common regarding technology and skills and complement each other in terms of customer base. As a member of the KAMIC family we will have access to a valuable network, support and tools which over time will benefit Avon Magnetics, our employees and our customers.”
