 | |
| Company type | Public limited company |
|---|---|
| LSE: TTG | |
| ISIN | GB0008711763  |
| Founded | 1988 |
| Founders | William Tyzack Benjamin Turner |
| Headquarters | Woking, Surrey |
Key people |
|
| Revenue |  £521.1 million (2024) [1] |
| £(23.5) million (2024) [1] | |
| £(53.4) million (2024) [1] | |
Number of employees | 4,972 (2022) [1] |
| Website | www |
TT Electronics Plc is a global manufacturer of electronic components and provider of manufacturing services, headquartered in Woking, England. It is listed on the London Stock Exchange.
The company has its origins in a firm of toolmakers, W. Tyzack Sons & Turner, which was established in Sheffield, in around 1867. [2] It was first listed on the London Stock Exchange in 1948. [3]
After the Sheffield works had been sold to a rival in 1987, the listed company, which was by then known as Tyzack Turner Group plc, was acquired by new management and was renamed TT Group plc in 1988. [4]
In 1990, TT Group acquired Crystalate Manufacturing Company, a British resistors and sensors manufacturing company. [5]
In the 1990s the electronics activities were expanded with the acquisitions of the Magnetic Materials Group, AB Electronic Products Group and BI Technologies. [4]
Further expansion was made with the purchase of Dale Electric International in 1994, [6] and the AEI Group, which was the Wire and Cables Division of the General Electric Company, in 1997. [7]
In 2000, the company changed its name to TT Electronics plc. [8]
The company bought New Chapel Electronics, a manufacturer of interconnection systems for the aerospace industry, in 2008 [9] and the Power and Control business of Ferranti Technologies, a manufacturer of mission-critical power and control sub-assemblies, in 2022. [10]
In February 2025, the company delayed its results announcement after encountering "operational execution challenges" in its North American business. [11] The results were eventually released in April 2025. [12]
The Swiss electronics business, Cicor Technologies, made an offer worth £287 million to acquire the business in October 2025. [13] In January 2026, it was announced that shareholders of TT Electronics had rejected the proposed acquisition after the transaction failed to secure the required shareholder approval. As a result, the scheme of arrangement lapsed and the proposed acquisition did not proceed, despite having been supported by TT Electronics' board of directors. [14]
The company engineers and manufactures sensors, power modules, resistors, magnetics, semiconductors, connectors and optoelectronics for the industrial, aerospace and defence, medical and transportation markets. [15] Product brands are AB Connectors, Aero Stanrew, BI Technologies, Cletronics, IRC, Optek Technology, Roxspur Measurement and Control, Semelab and Welwyn Components. [16]
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