Ohmite buys 60 year old UK resistor manufacturer Arcol
Arcol the Truro-based power resistor supplier has been acquired by Ohmite Manufacturing. It is the US-based firm’s first manufacturing presence in Europe.
Ohmite’s president Greg Pace said:“Arcol is particularly strong in aluminium housed wirewound resistors which is consistent with our customer base and our selling strategy.”Arcol UK was founded in the 1952 and then acquired by Mike Pritchard and Alun Morgan in 1992.“This is a very nice fit for the firm’s employees, distributors and customers. The combined product lines, and distribution channels will result in sustained growth for Ohmite,” said Mike Pritchard.