IGT Industries Ltd, one of the UK’s longest established Human Machine Interface (HMI) Solutions providers, has been acquired by the Stadium Group plc. Stadium Group plc is an AIM-Listed company that employs over 1100 people across operations in both the UK and Asia.
The core businesses of the Stadium Group include the design and manufacture of power supply products and Electronic Manufacturing Services (EMS). The acquisition looks to support a strategy that is focused on an electronic business with a portfolio of adjacent products and technologies, offering synergies and economies of scale. IGT will adopt the new trading name of Stadium IGT Limited and will remain at the company’s current site in Eastleigh with day-to-day running of operations unchanged.
The acquisition will see Terry Moss take up the position of Sales and Marketing Director.
Commenting Moss said, “This acquisition will benefit our customers by offering access to wider products and services within the Stadium Group including access to Stadium’s global supply chain in Asia. We now have the financial stability of being backed by a major UK PLC and going forward with a commitment by Stadium to invest in IGT’s core product offerings and technology.”
Stadium IGT, now part of Stadium Group plc, have been developing Man Machine Interface technology for more than twenty years and have been responsible for many technological innovations which are now in common use. These include numerous backlighting techniques, integral RFI screening and most recently the development of capacitive switching systems, both touch screen based and single press control panels with optional back-lighting.
Stadium IGT products are widely used in rail, marine, aviation, industrial and medical markets.