eXception Group Limited acquire certain DDi Europe businesses

Citation

(2005), "eXception Group Limited acquire certain DDi Europe businesses", Soldering & Surface Mount Technology, Vol. 17 No. 2. https://doi.org/10.1108/ssmt.2005.21917bab.004

eXception Group Limited acquire certain DDi Europe businesses

eXception Group Limited acquire certain DDi Europe businesses

Keywords: Electronics industry, Acquisitions and mergers

The directors of eXception Group Limited are pleased to announce the acquisition of several of the main trading companies within the DDi Europe group from the Administrators, Kroll. The companies acquired are DDi Technologies Limited, DDi Tewkesbury Limited and DDi International Limited.

DDi Technologies will now trade as eXception EMS Limited, DDi Tewkesbury as eXception PCB Limited and DDi International as eXception VAR Limited.

The new Group is a circa £55 million (€80 m) turnover business with three strong viable operations employing 400 staff in Tewkesbury and Calne. The management team (detailed below), provide strong commercial and financial strengths as well as detailed knowledge of the existing business. These strengths combined with the group’s established technical and engineering capabilities will offer full customer continuity. The new management’s principal objectives are to build on the existing customer relations and to ensure that the establishment of the eXception Group is as seamless as possible.

The senior management team is as follows.

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  Chairman – Peter Giles

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  Chief Executive Officer – David Blair

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  Chief Operating Officer – Paul Briggs

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  eXception PCB – John Calvert and Gordon Holden

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  eXception VAR – Howard Goff

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  eXception EMS – Philip Jackson

Management have secured separate funding to acquire additional equipment to enable eXception PCB to set up its own dedicated flexi-rigid and special products capability at the Tewkesbury based facility.

David Blair, CEO of eXception Group Ltd commented “We are delighted to announce the latest stage of our Group’s development. Building on the already strong and established foundations of DDi Europe, we are launching a new Group with an exciting and innovative approach. Despite the new branding, the key word is 'continuity’. We have retained our key personnel to ensure existing customer relationships are maintained and services remain unchanged. With a European-based manufacturing presence and our well-established supply base in Asia, we are well positioned to develop both the existing customer base and secure new and exciting business opportunities. We are pleased to be in a position to continue the service we have provided to our customers for many years.”

For further information, contact: E-mail: David.blair@exceptiongroup.com