Adey Electronics has been acquired by Pantek Group, bringing the Bottesford-based connectivity specialist into a wider industrial technology group focused on automation, connectivity and engineering services.<\/p>\n
Founded in 2011 and based in Nottinghamshire, Adey Electronics supplies industrial connectivity products and systems, including routers, antennas, device management software and power supplies.<\/p>\n
The business supports customers operating in industrial environments where reliable communications infrastructure is required, and has developed a position in the market through its technical support and service capability.<\/p>\n
The transaction was advised by KBS Corporate, with deal executive Atif Iqbal overseeing the process, alongside support from Max Whitworth of KBS Corporate Business Executive and legal advisers AG Corporate Law, including Adam Gilbert and team.<\/p>\n
Pantek Group, based in Cheadle, operates a number of companies in industrial automation and related technology sectors.<\/p>\n
With Adey Electronics now part of the group, it will sit alongside complementary businesses with similar customer bases and technical requirements.<\/p>\n
Adey Electronics will continue to trade under its existing name, with its current management team and operations remaining in place.<\/p>\n
Lewis Harvey, head of technical and commercial services at Adey Electronics said: \u201cBecoming part of Pantek Group gives us a platform for the next stage of development. We share a similar approach to customer service and technical delivery, and we look forward to working more closely with the wider group.\u201d<\/p>\n
John Bailey, chairman of Pantek Group said: \u201cAdey Electronics brings experience in industrial connectivity, which complements the existing businesses within the group. The aim is to build capability across the portfolio while maintaining the strengths of each company.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
A specialist provider of industrial connectivity solutions will gain access to wider technical expertise and collaboration opportunities following its acquisition<\/p>\n","protected":false},"author":266702,"featured_media":2111347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57362],"coauthors":[127717],"class_list":["post-2111342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-acquisitions","tag-featured-story","tag-nottinghamshire"],"yoast_head":"\n