Elite, a provider of EMS, is to integrate CB Technology’s expertise, particularly in sectors such as energy and power monitoring. This move allows Elite to serve a broader range of industries and expand its footprint in the electronics manufacturing sector.
Jonathan Balfour, CEO of Elite Electronic Systems, said: “The addition of CB Technology’s specialised expertise and strong market presence will allow us to deliver even greater value to our customers.”
The combined entity will benefit from shared market intelligence, expanded resources, and increased manufacturing capabilities, positioning Elite as a powerhouse in the EMS market with a revenue exceeding £50 million.
Stefan Smith, investment director at Lonsdale Capital Partners, which supports Elite’s growth strategy, said: “By joining forces with CB Technology, Elite is well-positioned to accelerate its growth trajectory and enhance its service offerings across key industries.”
John Cameron, (pictured) managing director of CB Technology, added: “We are proud of what we have achieved at CB Technology and are excited to join forces with Elite, a company that shares our vision and values. Together, we will be able to offer enhanced solutions to our customers and create new opportunities for our employees.”