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January 7, 1988

JASMIN ELECTRONICS BUYS THORN EMI’S SIMTEC-DIVISION

By CBR Staff Writer

Jasmin Electronics Plc, the Leicester company that financed itself with an unsponsored issue under the Business Expansion Scheme, has bought Thorn EMI Electronics Ltd’s Nottingham-based Simtec division: Simtec brings with it a 60,000 square foot factory and products including those for designing and manufacturing explosive detection, chemical analysis, industrial training and nuclear monitoring systems; terms were not disclosed; in May, Jasmin acquired the assets and work in progress of Sandiacre Electrics (1984) from the receiver and continued its electrical control equipment and switchgear business under the name Jasmin Control.

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