Benchmark International Advise on CRS Electronics to Chemigraphic Deal
Benchmark International has successfully advised on the acquisition of Hertfordshire-based CRS Electronics to Chemigraphic, one of the UK’s largest product support and system integration businesses, in a deal for an undisclosed sum.
With over 40 years’ experience in the contract electronic manufacturing sector, CRS Electronics manufactures specialist equipment with applications ranging from maritime communication systems and marine electronics to control systems for rail transport and LED lighting.
Founder, Colin Souter, who retained an active role post-completion, said: “This is the right combination at the right time in CRS journey. Chemigraphic is a quality business and I feel confident that my customers will have a good home.”
Chemigraphic is an industry leader in electronics manufacturing services and has delivered cutting-edge technology solutions to original equipment manufacturers around the world since 1972. Chief Executive, Stephen Perkins, said “I am delighted to have been able to attract such a quality business as CRS Electronics and I welcome Colin, his customers and his team into the Chemigraphic Group.
“CRS complements our strategy to become the UK’s leader in supporting complex product and electronic systems on behalf of global OEMs.”
Benchmark International would like to extend its best wishes to both companies in the future.