Deltron Electronics plc

Deltron is a pan-European specialist distributor of electromechanical components and solutions, and is a manufacturer of electromechanical components, sub-assemblies and related tools and production aids. Deltron has operations in the UK, Denmark, France, Ireland, Germany, Italy, Sweden, the Netherlands, Austria, Norway and China.

On 26 October 2005, Deltron Electronics plc and Abacus Group plc announced the terms of a recommended all-share offer for Deltron, which valued the company at £28mlion, a premium of 45.7 per cent. to Deltron's pre-announcement share price. Abacus is effecting the acquisition by way of a court sanctioned scheme of arrangement. It is anticipated that the transaction will be completed in January 2006.

Abacus is a leading franchised distributor of electronic components, flat-panel displays, printers and related products and provides additional value added services including technical support, cable and electromechanical sub-assembly and the design and build of display systems.

Canaccord Genuity acted as Rule 3 advisor to Deltron Electronics plc.