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PhotonStar LED Group PLC (AIM: PSL, "PhotonStar" or "the Group") the British designer and manufacturer of smart LED lighting solutions, has acquired Camtronics Vale Limited ("Camtronics").
Based in Tredegar Wales, Camtronics is a specialist contract assembly company, focusing on complex electronic products covering everything from surface mount PCB population to final product assembly, test and distribution.
The acquisition of Camtronics will provide PhotonStar with an expanded manufacturing base as it continues to broaden its presence in the LED lighting space. It is expected to be earnings enhancing in the first full financial year of ownership.
Acquisition Agreement of Camtronics Vale Limited
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