TT Electronics acquires Ferranti power and control business from Elbit for £9 million

TT Electronics Plc has acquired the power and control business of Ferranti Technologies Ltd. from Elbit System UK Ltd. for £9 million in cash. The acquisition is expected to be accretive to earnings and generate cost synergies.

“TT Electronics Plc, a provider of electronic components and manufacturing services, has acquired the power and control business of Ferranti Technologies Ltd. from Elbit System UK Ltd. for 9 million pounds in cash.”rttnews.com

• 1 source
• rttnews.comTT Electronics Buys Ferranti's Power, Control Business From Elbit For 9 Mln Pounds In CashRTTNews Staff WriterJan 10, 2022

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