Fast-growing electronics supply chain specialist Pure Electronics has been given an extra boost from outside investment.
The Chippenham-based firm, which is growing exponentially through the increased demand for electronic manufacturing skills and high-technology capacity and capability from the UK, has received investment from Wright Industries, which backs businesses operating in light manufacturing and technology sectors. Chief executive of Midlands-based Wright Industries, Craig Wright, will join Pure Electronics’ board.
Pure Electronics, set up in 2011, builds innovative electronics supply chains for companies operating within a number of marketplaces including secure telecommunications and data communications, as well as medical and defence.
Founder and MD Justin Olejnik said: “Since its inception, Pure Electronics has developed a reputation as one of the UK’s fast growing electronics supply chain businesses, with its global supply chain operations recently being instrumental in gaining further significant contracts in the secure communications sectors.
“With the addition of Craig to our board, we have a robust offering, backed by considerable experience that will help us realise the potential the business has.”
Mr Wright added: “Wright Industries is focused on retaining and building UK light industrial technology and manufacturing businesses with growth potential under UK management and ownership. The quality of both production and innovation within the UK electronics market is world class and Pure Electronics fits our key criteria as a supplier of mission critical printed circuit board and electronic component technologies at lowest total cost through sustainable and ethical international supply chain solutions.
“We believe there are significant opportunities within the PCB market – something which is likely to come to the fore this year as overseas buyers look to invest within this market – and I am confident that Pure Electronics will continue to play a major role in supporting new and existing customers by providing a long term sustainable and reputable solution.”
Pure Electronics has management resource in the UK, Malaysia and China, and in conjunction with its extensive supply base and international broker network, is able to source, hub and supply PCBs, electronic components and metalwork internationally.