Acal moves for Sedgemoor in distribution takeover.

Acal moves for Sedgemoor in distribution takeover.
Richard Wilson
Distributor Acal has made a takeover offer for Sedgemoor valuing the group which owns distributors Gothic Crellon and Townsend Coates at ?78m.
The board of Sedgemoor and shareholders representing 27 per cent of the company have already agreed to Acal’s offer. It is a significant move by Acal, which specialises in the distribution electromechanical components and PC parts, giving it strategic strength to expand its pan-European activities.
“We are now a bigger player in the components business, that is the number one priority,” said Tony Laughton, group managing director at Acal. With the addition of Sedgemoor’s UK businesses, which include Gothic Crellon, Townsend Coates, ACT, Radiatron and Amega, electronic component distribution sales leap to 56 per cent of total turnover.
The acquisition, says Laughton, is also an important part of Acal’s plans to expand its semiconductor distribution business in the UK. “We have significant semiconductor sales in Holland and Belgium and we are developing an active components businesses from scratch in other parts of Europe. So this deal gives us a big head-start in the UK,” said Laughton.
Sedgemoor’s semiconductor business lie principally in Gothic Crellon and Amega with franchises that include Philips Semiconductors, Mitsubishi, CML, Actel, Sierra and Mitel.

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