TT Electronics has acquired the Ferranti Power and Control business (Ferranti P&C) from Elbit Systems for £9 million.
Ferranti P&C is a UK based manufacturer of power electronics and power systems for the aerospace and defence markets located in the greater Manchester area.
The acquisition strengthens TT’s UK aerospace and defence footprint and further enhances the capabilities of their power conversion and power management portfolio.
TT Electronics plc (LON:TTG) is a provider of engineered electronics applications for performance-critical applications. The Company works with customers in the industrial, medical, aerospace and defence, and transportation sectors.