20th Dec 2018
20th December 2018
Heber Management buyout
The buyout has been led by Les Ashton-Smith, the company’s existing managing director, with the support of the management team.
The Heber group of companies will continue operate from its head office in Stroud, Gloucestershire, UK. Serving a wide range of clients in markets around the world, for both the design and manufacture of electronic control systems and products.
Heber was originally formed as an electronics design consultancy by Bob Powell and Tony Reynolds in 1984, with William Gardiner joining the board as technical director a few years later.
Les Ashton-Smith was brought in to the company as MD in 2008 to facilitate the diversification and transition into a greater number of markets delivering bespoke electronic design and manufacturing.
Les Ashton-Smith said: “The team and I are excited to be taking Heber forward and will continue in partnership with our clients, to provide the very best in electronics design and manufacturing services.”
Bob Powell added: “We are delighted to have completed this transaction, and wish the team every success for the next phase of growth and ongoing business development. The management team at Heber understand our customer’s needs and have both the skills and capabilities to deliver excellent service and quality.”
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