Executive Summary
Elektron specialises in the design, manufacture and distribution of electrical and electromechanical components. Elektron products can be found in many major brand names of Home Appliance and Industrial Electrical Equipment, combining modern design with safe reliable operation. From its headquarters in Essex the company oversees eight operating subsidiaries, in the UK, Tunisia, China and North America, employing over 1000 people. The Company operates in three divisions: electromechanical components, hard metal components and instrumentation activity.
In the year to January 2008, sales were up 34% to £35 million following acquisition of Sifam Instruments Limited and operating profit on continuing operations was up 14% to £2.14 million (2007: £1.87 million).
Company History
Current Events
Business Model
Products/Services
Elektron products include:
- Arcolectric - Appliance switches, indicator lights and fuseholders
- Bulgin - Industrial connectors, switches, fuseholders, battery holders & filters
- Howle Carbides - Manufacturers of tungsten carbide wear resistant parts and special inserts
- Titman Tip Tools - Selling and producing a complete range of TCT Router Cutters
- Sifam Instruments - Designing and manufacturing analogue and digital meters, control knobs, Digitron branded instruments and Queensgate® nanopositioning systems
Segments/Customers
Production/Operations
From its headquarters in Essex U.K. the Group is organised into 3 divisions formed from 7 operating subsidiaries domiciled in the UK, Tunisia, China and North America. The Group employs over 1,100 people.
Distribution/Routes to Market
Elektron products are sold worldwide direct to original equipment manufacturers, an extensive network of distributors and business end users.
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