Easby Group, the North Yorkshire-based specialist electronics company, has acquired Matrix Electronics, an electronics kitting and supply chain solutions provider.
The deal has been completed by its subsidiary business, Delta Impact, and is a major milestone in Easby Group’s strategic development to become the independent technical distribution partner of choice, for a full range of added value services across electronics supply chains.
The announcement follows the £24 million management buy-out of Easby Group which was backed by NVM Private Equity in February 2022.
Delta Impact MD, Eamon Francis said: “This is a significant step in our goal to be the electronics industry leader in kitting and tailored solutions that help customers to optimise their electronics supply chain performance. On a personal level, I am delighted to be welcoming David Piddington, Delta Impact’s founder, back into the business.”
Matrix Electronics MD, David Piddington said: “We are thrilled to be joining the Easby family. The Matrix and Delta Impact businesses are highly complementary and the merger of skills, knowledge and shared values in our new combined facilities will take us to new heights and create the next chapter in our growth story.”
Easby Group chairman, Jonathan Simpson-Dent said: “We are excited to bring together two dynamic and focused businesses under Eamon and David’s joint stewardship. This is an important step on our journey to expand Easby Group into a real market leader in electronics supply chain solutions.”
