Contract electronics manufacturers Prism Electronics have been acquired by FC Group Invest Ltd.
The Swedish-UK investors aim to continue the Cambridge manufacturer’s sustained growth, following the co-founders’ retirement. “As part of our succession planning, we wanted to ensure Prism’s future would be in good hands. We’ve taken our time to identify FC Group Invest as the right people to take the business forward,” said outgoing managing director David Aspinall.
Since establishing in 1991, Prism Electronics has become one of the leading names in UK contract electronics manufacturing, delivering printed circuit board assemblies for specialist and high-tech products.
Fredrik Johansson, co-founder of FC Group Invest, added: “My colleagues and I are delighted to have acquired a company with such a highly skilled workforce and first-class reputation. Our business plan is about continuity and stability, followed by development and growth.”
Announcements on future plans and Prism Electronics’ continued investment in its capabilities are anticipated in 2022.