TechPoint, with the support of Literacy Capital, has announced the completion of its second acquisition – a Wiltshire based PCB and electronics manufacturing services business, Interconics Ltd (“Interconics”).  

The strategic acquisition sees TechPoint increase its scalability and capability in complex electronics manufacturing services, whilst providing a stronger foothold in higher volume Printed Circuit Board (“PCB”) assembly, to its global manufacturing customer base.  

Founded in 1987 by Dave Weston, Interconics is now regarded as the one of the market leaders in the medium to high volume, high complexity, manufacturing niche.   

Interconics has worked hard and invested significantly to establish an excellent reputation in the automated manufacture of cutting-edge PCB assemblies and the management team has ensured that the business remains close to its core values, based primarily on service and capability.  

In March 2021, TechPoint completed the acquisition of Bela Electronic Designs, a leading provider of PCB design and low to medium volume manufacturing services, serving as the Group’s new product introduction facility in Bedford, UK.  

Dan Croft, Group Chairman, said: “Interconics’ technical and highly proficient automated manufacturing services provide group customers with the ability to quickly scale their higher volume products, retaining manufacture within the UK. The acquisition perfectly complements TechPoint’s fast-growing group, which now covers the end-to-end spectrum from new product introduction, supply chain management, and volume manufacturing.”