discoverIE announced yesterday the acquisition, subject to regulatory approvals, of a 90% interest in 3Gmetalworx (3G), a North American-based designer and manufacturer of electromagnetic shielding and thermal management products. The initial cash consideration is US$67.5m (£50.0m), funded from existing debt facilities. Management is retaining a 10% stake, reflecting confidence in the growth potential. 3G generated US$19.6m of revenues in FY25 with operating margins well ahead of the group targe ....
