TT Electronics

TT Electronics Plc is a global manufacturer of electronic components and provider of manufacturing services, headquartered in Woking, England. It is listed on the London Stock Exchange.

History

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]

In February 2025, the company delayed its results announcement after encountering "operational execution challenges" in its North American business.[11] The results were eventually released in April 2025.[12]

The Swiss electronics business, Cicor Technologies, made an offer worth £287 million to acquire the business in October 2025.[13] In January 2026, it was announced that shareholders of TT Electronics had rejected the proposed acquisition after the transaction failed to secure the required shareholder approval. As a result, the scheme of arrangement lapsed and the proposed acquisition did not proceed, despite having been supported by TT Electronics' board of directors.[14]

Operations

The company engineers and manufactures sensors, power modules, resistors, magnetics, semiconductors, connectors and optoelectronics for the industrial, aerospace and defence, medical and transportation markets.[15] Product brands are AB Connectors, Aero Stanrew, BI Technologies, Cletronics, IRC, Optek Technology, Roxspur Measurement and Control, Semelab and Welwyn Components.[16]

External links