Microtech management buy-out

Citation

(1999), "Microtech management buy-out", Circuit World, Vol. 25 No. 4. https://doi.org/10.1108/cw.1999.21725dab.026

Microtech management buy-out

Microtech management buy-out

Keywords: Microtech, Buyouts

Microtech Group Ltd, a Midlands-based manufacturer of printed circuit boards, has announced the completion of a management buy-out of the company from Intelek plc.

Management of Microtech Group will be shared by Martin Corrigan and Bill Thompson, new joint Managing Directors. Martin Corrigan, formerly a Director of Signum Circuits and Microtech Group, will be taking responsibility for operations. Bill Thompson, Managing Director prior to the buy-out, will take responsibility for sales, finance and IT.

Bill Thompson, comments "The PCB market is going through a period of rationalisation, in which only those companies best adapted to the serving the market will survive. Microtech has a solid understanding of the market, based on long-term partnerships with customers. We have shortened prototype production time in response to our customers' "time-to-market" pressures. We have introduced new techniques for micro ball grid arrays and fine pitch track and gap to enable our customers to develop more highly miniaturised products. We have introduced specialist OSP finishes and thermally conductive substrates to support customers with specific requirements in the telecommunications, data processing and defence markets."

Martin Corrigan continues, "Recent investment in equipment throughout the manufacturing process, from new front-end software and photo-tool production, to increased drilling capacity and additional AOI (Automatic Optical Inspection) will help ensure Microtech meets our customers' rigorous delivery and reliability requirements."