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The shareholders of Controls Direct Limited, the holding company of Roxspur Measurement and Controls Limited have sold their shares to TT Electronics

July 2014

The shareholders of Controls Direct Limited, the holding company of Roxspur Measurement and Controls Limited (RM&C) have completed the sale of their shares to global electronics company, TT Electronics.

We were pleased to advise the shareholders of Controls Direct Limited on the sale of their shares to TT Electronics.

Background

TT Electronics, a global supplier of sensing and control solutions has completed the acquisition of Controls Direct Limited, the holding company of Roxspur Measurement and Control Ltd (RM&C).

RM&C is a manufacturer of a range of temperature, pressure, flow and measurements products has a customer base of many blue chip companies. These include Rolls Royce, Tata and British Energy.

Pat Murray, Divisional Chief Executive, Sensing and Control commented “We are very excited about the addition of RM&C to our Sensing and Control portfolio. RM&C has an excellent range of products designed for demanding environments such as aerospace, oil and gas, power generation and water management and a premium customer base which directly aligns with our focus on targeting critical sensing and control applications. Their position in key industrial markets further supports our strategy to expand our business across he industrial sector.”

Controls Direct Limited sale to TT Electonics PLC

 

Client

Controls Direct Limited

Sector

Electronics

Transaction

Disposal

Role

Advisors

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