Announced

DiscoverIE to acquire Burster for £26m.

Synopsis

DiscoverIE, an international designer and manufacturer of customized electronics, agreed to acquire Burster, a designer and manufacturer of specialist sensors, for £26m. "Burster is excited to join the discoverIE Group to lead the business into the future while building on its strong heritage and reputation in the marketplace. Our commitment to customers and the delivery of cutting-edge sensor technology, automation measuring electronics and over 60 years of experience in the field of precision measuring and calibration equipment under the Burster brand remains unchanged. discoverIE's sensor cluster opens up many new opportunities for international growth. discoverIE's dedication to its portfolio companies is exceptional, and we look forward to our next chapter," Matthias Burster, Burster Managing Director.

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