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TT Electronics
From Wikipedia - Reading time: 6 min
 | |
| Company type | Public limited company |
|---|---|
| LSE: TTG | |
| ISIN | GB0008711763  |
| Founded | 1988 |
| Founders | William Tyzack Benjamin Turner |
| Headquarters | Woking, Surrey |
Key people |
|
| Revenue |  £613.9 million (2023)[1] |
 £8.7 million (2023)[1] | |
| £(6.8) million (2023)[1] | |
Number of employees | 4,972 (2022)[1] |
| Website | www |
TT Electronics Plc is a global manufacturer of electronic components and provider of manufacturing services, headquartered in Woking, England.
History
[edit]The company has its origins in a firm of toolmakers, W. Tyzack Sons & Turner, which was established in Sheffield, in around 1867.[2] It was first listed on the London Stock Exchange in 1948.[3]
After the Sheffield works had been sold to a rival in 1987, the listed company, which was by then known as Tyzack Turner Group plc, was acquired by new management and was renamed TT Group plc in 1988.[4]
In 1990, TT Group acquired Crystalate Manufacturing Company, a British resistors and sensors manufacturing company.[5]
In the 1990s the electronics activities were expanded with the acquisitions of the Magnetic Materials Group, AB Electronic Products Group and BI Technologies.[4]
Further expansion was made with the purchase of Dale Electric International in 1994,[6] and the AEI Group, which was the Wire and Cables Division of the General Electric Company, in 1997.[7]
In 2000, the company changed its name to TT Electronics plc.[8]
The company bought New Chapel Electronics, a manufacturer of interconnection systems for the aerospace industry, in 2008[9] and the Power and Control business of Ferranti Technologies, a manufacturer of mission-critical power and control sub-assemblies, in 2022.[10]
Operations
[edit]The company engineers and manufactures sensors, power modules, resistors, magnetics, semiconductors, connectors and optoelectronics for the industrial, aerospace and defence, medical and transportation markets.[11] Product brands are AB Connectors, Aero Stanrew, BI Technologies, Cletronics, IRC, Optek Technology, Roxspur Measurement and Control, Semelab and Welwyn Components.[12]
References
[edit]- ^ a b c d "Annual Results 2023" (PDF). TT Electronics. Retrieved 7 March 2024.
- ^ "W. Tyzack, Sons and Turner". Grace's Guide. Retrieved 8 February 2024.
- ^ "TT Electronics: our story". The London Stock Exchange. Retrieved 8 February 2024.
- ^ a b "About Us - History". Ttelectronics.com. Archived from the original on 13 November 2014. Retrieved 12 November 2014.
- ^ Robert Cole (31 March 1993). "TT Group results beat expectations". The Independent. Archived from the original on 26 May 2022. Retrieved 12 November 2014.
- ^ "TT pays pounds 16m for Dale Electric". The Independent. 22 July 1994. Retrieved 8 February 2024.
- ^ "Paramount to buy UK's AEI Cables". The Economic Times. 31 August 2007. Retrieved 8 February 2024.
- ^ "TT Group sticks to electronics". The Telegraph. 15 May 2001. Retrieved 8 February 2024.
- ^ "TT Electronics buys New Chapel Electronics". Evertiq. 2 April 2008. Retrieved 8 February 2024.
- ^ "Woking-based TT Electronics buys Ferranti for £9 million". The Business Magazine. 10 January 2022. Retrieved 8 February 2024.
- ^ TT Electronics (10 February 2018). "TT Electronics: Our business". Retrieved 6 December 2016.
- ^ "Electronic Design Expert". Retrieved 29 July 2017.
External links
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