Sale of North Devon Electronics Limited to Goonvean Holdings Limited

Deal typeM&A

The BDO M&A team has recently advised the shareholders of North Devon Electronics Limited, a manufacturer of electromagnetic coils, on the sale of 100% of its share capital to Goonvean Holdings Limited. NDE is one of the UK's largest and most successful coil winding companies, they manufacture quality customised components to diverse markets including automotive, aeronautical, scientific, general manufacturing and many others.  The acquisition will increase the Goonvean group to 5 companies, offering a range of manufacturing services to a huge range of industries.         

“BDO have been most professional and dedicated throughout the entire process of the sale of NDE , their efforts in identifying the eventual buyer and the support they gave me throughout the entire timeframe was of the highest standard, they have made both the selling and buying shareholders extremely satisfied with the deal.” 

Mr Ralph Gordon MBE, Director North Devon Electronics