Headquarters United Kingdom | Founded 1988 | |
 | ||
Stock price TTG (LON) 198.00 GBX -3.00 (-1.49%)4 Apr, 4:45 PM GMT+1 - Disclaimer Subsidiaries Aero Stanrew, AB Elektronik Profiles | ||
TT Electronics Plc is a global manufacturer of electronic components and provider of manufacturing services, headquartered in Woking, England. The company produces sensors, power modules, resistors, magnetics, semiconductors, connectors and optoelectronics for transportation, industrial, aerospace and defence, and medical markets.
TT Electronics sells to large manufacturers across the world and has four divisions – Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components, and Integrated Manufacturing Services.
In 2016, the company employed around 6000 staff across 27 locations worldwide.
Listed on the London Stock Exchange (TTG.L), TT Electronics Plc reported a revenue of £509.9M (Pounds Sterling) in 2015 with an operating profit of £21.7M.
Product brands are AB Connectors, AB Elektronik, AB Mikroelektronik, Aero Stanrew, BI Technologies, Integrated Manufacturing Services, IRC, Optek, Roxspur, Semelab, Welwyn.
History
Tyzack Turner Group plc, a company listed on the London Stock Market, was renamed TT Group plc in 1988.
In the 1990s the electronics activities were expanded with the acquisitions of the Magnetic Materials Group, AB Electronic Products Group and BI Technologies. Further expansion was made with the purchase of Dale Electric International and the AEI Group, the Wire and Cables Division of General Electric Company plc.
In 2000, the company changed its name to TT Electronics plc to more closely reflect the structure of the Group and the future direction.
In 1990, TT Group acquired Crystalate Manufacturing Company, a British resistors and sensors manufacturing company.