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discoverIE Group completed the acquisition of Limitor for €18m.

Synopsis

discoverIE Group, an international designer, manufacturer and supplier of customised electronics to industry, completed the acquisition of Limitor, a designer and manufacturer of thermal safety components and sensors, for €18m. "The acquisition of Limitor continues our strategy of building a differentiated, international, growth focused electronics Group with strong operating margins and will be accretive. Limitor has a long-established track record of manufacturing and supplying high quality custom sensors internationally, principally for safety applications," Nick Jefferies, discoverIE CEO.

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