[Enniskillen, Northern Ireland] – Elite Electronic Systems, a leading provider of Electronic Manufacturing Solutions (EMS), is excited to announce the strategic acquisition of CB Technology, a renowned EMS based in Livingston, Scotland, from Maven Capital Partners. This acquisition marks a significant milestone in Elite’s ongoing expansion and reinforces its position as a leader in the EMS market across the UK and Europe.
Enhancing Capabilities and Expanding Market Reach
Founded in Enniskillen, Northern Ireland, Elite Electronic Systems has established itself as a trusted name in the EMS industry, known for delivering high-quality, advanced electronics manufacturing services. With this acquisition, Elite integrates CB Technology’s 25 years of industry expertise, particularly in sectors such as energy and power monitoring. This move enhances Elite’s capabilities, allowing the company to serve a broader range of industries and expand its footprint in the competitive electronics manufacturing sector.
Jonathan Balfour, CEO of Elite Electronic Systems, commented:
“This acquisition is a pivotal step for Elite as we continue to grow and innovate in the EMS industry. The addition of CB Technology’s specialised expertise and strong market presence will allow us to deliver even greater value to our customers. We are excited to welcome the CB team to the Elite family and look forward to achieving new heights together.”
Strategic Alignment and Cultural Fit
The acquisition of CB Technology is a natural fit for Elite, as both companies share a commitment to innovation, customer satisfaction, and operational excellence. The combined entity will benefit from shared market intelligence, expanded resources, and increased manufacturing capabilities, positioning Elite as a powerhouse in the EMS market with a revenue exceeding £50 million.
Stefan Smith, Investment Director at Lonsdale Capital Partners, which supports Elite’s growth strategy, said:
“We are thrilled to back Elite in this strategic acquisition. By joining forces with CB Technology, Elite is well-positioned to accelerate its growth trajectory and enhance its service offerings across key industries. This partnership underscores our confidence in Elite’s future and its potential for continued success.”
Continued Commitment to Excellence
Elite Electronic Systems remains committed to maintaining the high standards and customer-centric approach that have been the foundation of its success. The company will work closely with CB Technology’s leadership and broader team to ensure a seamless integration process that preserves the strengths and culture of both organisations.
John Cameron, Managing Director of CB Technology, added:
“We are proud of what we have achieved at CB Technology and are excited to join forces with Elite, a company that shares our vision and values. Together, we will be able to offer enhanced solutions to our customers and create new opportunities for our employees.”
Looking Ahead
This acquisition marks the first step in Elite’s ambitious buy-and-build journey, aimed at driving growth through strategic acquisitions and partnerships. With the strategic backing of Lonsdale Capital Partners, Elite’s acquisition of CB Technology sets the stage for significant value creation and long-term growth. The combined expertise, resources, and market reach of the two companies will enable Elite to continue delivering innovative solutions and exceptional service to customers across the globe.
