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TT Electronics

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TT Electronics plc
Company typePublic limited company
Traded asLSE: TTG
ISINGB0008711763 Edit this on Wikidata
Founded1988; 36 years ago (1988)
FoundersWilliam Tyzack
Benjamin Turner
HeadquartersWoking, Surrey
Key people
RevenueDecrease £613.9 million (2023)
Operating incomeIncrease £8.7 million (2023)
Net incomeIncrease £(6.8) million (2023)
Number of employees4,972 (2022)
Websitewww.ttelectronics.com

TT Electronics Plc is a global manufacturer of electronic components and provider of manufacturing services, headquartered in Woking, England.

History

The company has its origins in a firm of toolmakers, W. Tyzack Sons & Turner, which was established in Sheffield, in around 1867. It was first listed on the London Stock Exchange in 1948.

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.

In 1990, TT Group acquired Crystalate Manufacturing Company, a British resistors and sensors manufacturing company.

In the 1990s the electronics activities were expanded with the acquisitions of the Magnetic Materials Group, AB Electronic Products Group and BI Technologies.

Further expansion was made with the purchase of Dale Electric International in 1994, and the AEI Group, which was the Wire and Cables Division of the General Electric Company, in 1997.

In 2000, the company changed its name to TT Electronics plc.

The company bought New Chapel Electronics, a manufacturer of interconnection systems for the aerospace industry, in 2008 and the Power and Control business of Ferranti Technologies, a manufacturer of mission-critical power and control sub-assemblies, in 2022.

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. Product brands are AB Connectors, Aero Stanrew, BI Technologies, Cletronics, IRC, Optek Technology, Roxspur Measurement and Control, Semelab and Welwyn Components.

References

  1. ^ "Annual Results 2023" (PDF). TT Electronics. Retrieved 7 March 2024.
  2. "W. Tyzack, Sons and Turner". Grace's Guide. Retrieved 8 February 2024.
  3. "TT Electronics: our story". The London Stock Exchange. Retrieved 8 February 2024.
  4. ^ "About Us - History". Ttelectronics.com. Archived from the original on 13 November 2014. Retrieved 12 November 2014.
  5. Robert Cole (31 March 1993). "TT Group results beat expectations". The Independent. Archived from the original on 26 May 2022. Retrieved 12 November 2014.
  6. "TT pays pounds 16m for Dale Electric". The Independent. 22 July 1994. Retrieved 8 February 2024.
  7. "Paramount to buy UK's AEI Cables". The Economic Times. 31 August 2007. Retrieved 8 February 2024.
  8. "TT Group sticks to electronics". The Telegraph. 15 May 2001. Retrieved 8 February 2024.
  9. "TT Electronics buys New Chapel Electronics". Evertiq. 2 April 2008. Retrieved 8 February 2024.
  10. "Woking-based TT Electronics buys Ferranti for £9 million". The Business Magazine. 10 January 2022. Retrieved 8 February 2024.
  11. TT Electronics (10 February 2018). "TT Electronics: Our business". Retrieved 6 December 2016.
  12. "Electronic Design Expert". Retrieved 29 July 2017.

External links


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