A major step in the expansion of the Milexia Group in the UK
We are delighted to announce that Microtek Components Ltd, has been acquired by the Milexia group. Microtek are an established distributor of RF & Microwave components and cable assemblies. Offering technical support and an extensive stock profile.
MILEXIA group is a major value-added European Distribution Group specialising in the sale of high technology value added components, systems and instrumentation. Founded in 1971, Milexia’s team of over 170 highly skilled professionals supports business partners and manufacturers across Europe, with offices and warehouses in France, Italy, Spain, UK, Germany and China.
Pascal Gandolfini; President Milexia Group: “This acquisition is part of Milexia strategic plan which aimed, among others, to empower the RF component business of Milexia UK. Milexia group, with the support of its minority investors Société Générale Capital Partenaires, Bpifrance and Isatis Capital, is closing its 5th acquisition in the last 3 years and after reaching last year100M€ revenues continue its growth on the way to another dimension and all Milexia 170 employees keep on moving toward continuous improvement and growth.”
Xavier Gaillard, CEO Milexia Group, “I’m very pleased about the agreement with Microtek. Andrew and his team have many years of successful business in our industry and will bring significant complementary products and capabilities to our Milexia group, particularly in the connectivity domain. All this will permit to improve again the support to our customers in making access to new technologies and services. It will also balance more within the group where our UK revenues should be”.
Andrews Sanders, MD Microtek Components “ Milexia is the fastest growing value-added distributor in Europe and we are delighted to join with them. Our Companies believe in people and putting customers first. Whilst we already share many product synergies, this is complimented with our cable assembly business that we are looking forward to expanding across Europe with the Milexia Group.”
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