TREDEGAR, WALES, UK -- EMS firm Camtronics Vale announced the completion of a management buyout from its parent company PhotonStar LED.
The MBO was led by managing director Paul Macleur. Camtronics was founded as a standalone company and was acquired by PhotonStar in 2011.
Camtronics has been in electronics manufacturing for over 20 years and serves the medical, military, industrial and LED lighting industries. It employs 31 workers and has annual revenues of £2 million.