Announced

Completed

discoverIE completed the acquisition of Trival for €52.65m.

Synopsis

discoverIE, an international designer and manufacturer of specialised electronic components for industrial use, completed the acquisition of Trival, a manufacturer of antennas and antenna masts, for €52.65m. “The acquisition of Trival continues our strategy of building a differentiated, international, growth-focused electronics group with strong operating margins and will be accretive to both the Group's adjusted earnings and operating margin on completion. This transaction brings another high-quality business into discoverIE and is our first which is focused mainly on our security target market. We welcome the team and very much look forward to working with them,” Nick Jefferies, discoverIE Group Chief Executive.

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