Following Low and Bonar Plc’s disappointing results from its electronics division, the Dundee company has announced that it is to sell off its electronics businesses, including Bonar August Systems of Crawley, West Sussex. The fault-tolerant real-time systems company, whose assets were bought by Low and Bonar in February last year, has a staff of 25 and had turnover of between UKP500,000 and UKP1m in the first year under Low & Bonar’s wing. It entered into an agreement only last week with Stratus Computers Inc (CI No 882): no-one was available at Stratus to say whether it would be putting in an offer for the firm, but it will no doubt take more than a passing interest in the eventual fate of its new partner.
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