Exception PCB Returns to UK Ownership Under Wright Industries
Deal News | Aug 04, 2025 | PR Newswire Cision Wright Industries
On August 4, 2025, Wright Industries announced its acquisition of Exception PCB Ltd, a printed circuit board manufacturer, returning it to UK ownership and making it part of Connexion Technologies group. This move highlights a strategic effort to enhance UK manufacturing capabilities and aligns with the UK Government’s objectives to bolster national industrial infrastructure. Chairman & CEO of Connexion Technologies, Craig Wright, emphasized the importance of this acquisition in strengthening national manufacturing resilience and innovation. Exception PCB, known for its advanced processing technology in high-reliability PCB production, joins a suite of companies within Connexion Technologies that focus on high-reliability industries such as aerospace, defence, and telecommunications. Wright Industries was supported by Eversheds Sutherland in legal advisement and Crowe in tax matters, showcasing a collaborative effort to secure and nurture key UK industrial talents and technologies.
Sectors
- Manufacturing
- Technology
- Aerospace and Defence
Geography
- United Kingdom – The acquisition returns Exception PCB to British ownership and is significant for the UK manufacturing sector.
Industry
- Manufacturing – The article discusses the acquisition of Exception PCB, a manufacturing company specializing in printed circuit boards.
- Technology – Exception PCB is part of the technology sector, focusing on advanced PCB solutions for high-reliability industries.
- Aerospace and Defence – Exception PCB serves the aerospace and defence industries, which are critical sectors supported by the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wright Industries | Acquirer | Company | An investment firm specializing in developing and turning around UK engineering SMEs. |
| Exception PCB Ltd | Target Company | Company | A UK-based manufacturer of printed circuit boards, known for its advanced technology and servicing high-reliability industries. |
| Connexion Technologies | Parent Company | Company | A provider of advanced electronic and mechanical solutions for high-reliability industries, part of Wright Industries' investments. |
| Eversheds Sutherland | Legal Advisor | Company | Provided legal advice for Wright Industries in the acquisition of Exception PCB. |
| Crowe | Tax Advisor | Company | Provided tax advice for Wright Industries in the acquisition of Exception PCB. |
| Craig Wright | Chairman & CEO | Person | Chairman & CEO of Connexion Technologies, highlighting the strategic alignment with UK objectives. |
| Kamal Berberi | General Manager | Person | General Manager at Exception PCB, emphasizing the company's British engineering heritage. |