Advance buys 60pc of US power firm

Advance buys 60pc of US power firm
Richard Wilson
Advance International, the UK power systems group, has bought a 60 per cent stake in Tektris Electro of California. Advance intends to increase its share of Tektris, which has an annual turnover of $7m, designs and manufactures standard and customised power conversion modules with power outputs from 1W to 750W.


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