| TT Electronics plc | |
| Type: | Public limited company |
| Founders: | William Tyzack Benjamin Turner |
| Hq Location: | Woking, Surrey |
| Num Employees: | 4,972 (2022) |
| Revenue: | £613.9 million (2023)[1] |
| Operating Income: | £8.7 million (2023) |
| Net Income: | £(6.8) million (2023) |
TT Electronics Plc is a global manufacturer of electronic components and provider of manufacturing services, headquartered in Woking, England.
The company has its origins in a firm of toolmakers, W. Tyzack Sons & Turner, which was established in Sheffield, in around 1867.[2] It was first listed on the London Stock Exchange in 1948.[3]
After the Sheffield works had been sold to a rival in 1987, the listed company, which was by then known as Tyzack Turner Group plc, was acquired by new management and was renamed TT Group plc in 1988.[4]
In 1990, TT Group acquired Crystalate Manufacturing Company, a British resistors and sensors manufacturing company.[5]
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 in 1994,[6] and the AEI Group, which was the Wire and Cables Division of the General Electric Company, in 1997.[7]
In 2000, the company changed its name to TT Electronics plc.[8]
The company bought New Chapel Electronics, a manufacturer of interconnection systems for the aerospace industry, in 2008[9] and the Power and Control business of Ferranti Technologies, a manufacturer of mission-critical power and control sub-assemblies, in 2022.[10]
The company engineers and manufactures sensors, power modules, resistors, magnetics, semiconductors, connectors and optoelectronics for the industrial, aerospace and defence, medical and transportation markets.[11] Product brands are AB Connectors, Aero Stanrew, BI Technologies, Cletronics, IRC, Optek Technology, Roxspur Measurement and Control, Semelab and Welwyn Components.[12]