Quercus Corporate Finance advises DiscoverIE Group Plc, a UK-based manufacturer of electronic components, on the acquisition of the Santon Group, a Dutch-based manufacturer of electronic switches.

DiscoverIE Group is a leading international designer, manufacturer and supplier of customised electronics to the industry. The listed company generates sales of approx. GBP 400m with about 3,800 people at its locations in Continental Europe, the UK, China, Sri Lanka, India and North America.

Santon is a designer and manufacturer of highly differentiated, patented direct current (“DC”) switches for use in solar, industrial and transportation markets. The company generated sales of EUR 24.4m in 2016 and operates from Rotterdam in the Netherlands, with sales offices in the UK and Germany.