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Stadium Group

  • BY: Andrew Hore |
  • POSTED: 03/11/2008 |

Stadium Group is paying £2.5m for fellow electronic manufacturing services provider Zirkon.

Rugby-based Zirkon specialises in industrial instrumentation, security and medical equipment. The purchase will give Stadium more expertise in the high technology market.

Zirkon generated profits before interest charges of £600,000 on revenues of £7.3m in the year to June 2008. The net asset value is £1.6m.

At 50p a share, Stadium is valued at £14.4m. 

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