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July 19, 1990

NORBAIN ELECTRONICS SEES FUTURE AS DECIDELY BRIGHTER

By CBR Staff Writer

Commenting on the year-end results announced yesterday – see page 7 – Norbain Electronics Plc chairman John Nichol claimed that the future for the closed circuit television and electronic component supplier was decidedly brighter than the difficult last few years: the acquisition of SEE Ltd’s similar operations would improve Norbain’s performance in the north of England, he continued, while the next move will be to appoint a network of distributors on the continent; Nichol concluded that the drive into Europe would also be achieved by acquisition of like businesses.

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