Flux AS join the Acal Group

Flux AS join the Acal Group6 November 2015

Acal plc are pleased to announce the acquisition of Flux AS, a designer and manufacturer of customised magnetic components for use across the range of industrial, high-reliability and space-grade applications.

Flux are headquartered in Denmark and have a manufacturing facility in Thailand.

The business will build on Acal BFi's growing custom magnetics capabilities, following on from the acquisitions of Noratel and Myrra.

As part of the enlarged Group, Acal BFi customers can benefit from access to the Flux product portfolio, as well as an even greater array of customised magnetic component services.

On the acquisition, Nick Jefferies, Group Chief Executive of Acal plc, said:

"The acquisition of Flux is in line with our strategy of building a differentiated, higher margin Group by buying specialist businesses which fit with our organic growth initiatives. Flux have a long-established track record of designing and manufacturing high-performance custom magnetic products.

As part of the Acal Group, Flux will gain access to our base of over 20,000 customers, many of whom have a requirement for products that can operate to a higher reliability standard in a harsh environment.

We are delighted to welcome Flux into the Group."

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