discoverIE Group

discoverIE Group plc is an independent designer, manufacturer and supplier of electronic components. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]

discoverIE Group plc
TypePublic
LSE: DSCV
IndustryElectronic components
Founded1986
HeadquartersGuildford, Surrey, England
Key people
Malcolm Diamond, (Chairman)
Nick Jefferies, (CEO)
Revenue £454.3 million (2021)[1]
£20.7 million (2021)[1]
£12.0 million (2021)[1]
Number of employees
4,400 (2021)[1]
Websitewww.discoverieplc.com

History

The company was established as a supplier of electronic components known as Acal plc by businessman, John Curry, in 1986.[3][4] Acquisitions have included BFI Optilas, a distributor of electronic and photonic components, in October 2009[5] and Myrra Group, a manufacturer of magnetic electronic products, in April 2013.[6]

The company changed its name from Acal to discoverIE Group (short for discover Innovative Electronics) in November 2017.[7]

References
  1. "Preliminary Results". Discoverie Group plc. Retrieved 5 August 2021.
  2. "Aggreko (UK): Constituent Deletion - Update Changes in FTSE UK Index Series". FTSE Russell. 5 August 2021. Retrieved 5 August 2021.
  3. "Discoverie Group". Companies House. Retrieved 5 August 2021.
  4. "Curry took advantage of Acal's share price strength". Investors Chronicle. 3 July 2003. Retrieved 5 August 2021.
  5. "Electronic components manufacturer Acal acquires BFi OPTiLAS in €10 million cash and share deal". Proactive Investors. 30 October 2009. Retrieved 5 August 2021.
  6. "British co Acal acquires Myrra". Renewables Now. 4 April 2013. Retrieved 5 August 2021.
  7. "DiscoverIE is the new Acal". Proactive Investors. 28 November 2017. Retrieved 5 August 2021.
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