Stadium Captures Fox
Published: 01 October 2008
by Mike Buetow
HARTLEPOOL, ENGLAND – The Stadium Group has acquired Fox Industries for £100,000, the electronics manufacturer said today.
Fox, which designs and sells of power supplies and other components for high-reliability applications, has reported annual sales of £300,000.
Fox owner Roger Barrett will be named business development director of Stadium Power.
Last month, Stadium reported pretax earnings rose 13% to £1.4 million. Chief executive Nigel Rogers said the company is continuing to look for other potential acquisitions in power and electronics.
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