BDO LLP completes wiring harness sale out of administration


6 Nov 2009

Graham Randall as joint administrator, partner at BDO LLP, Bristol has completed the sale assets of Port Talbot based Excel (Electronic) Assemblies Limited (in Administration) to Leigh-based Ionix (Electronic) Assemblies Limited. This deal also includes the acquisition of 100% of the shares of the Dutch subsidiary Excel Assemblies BV.

Excel designs and manufactures sophisticated wiring harnesses and box-build assemblies used in medical, aerospace, and defence applications. Excel has a number of blue chip customers who participate in these sectors.

Graham Randall of BDO LLP was advised by Paul Caldicott and Michelle Breen of Morgan Cole, Cardiff. Ionix was advised by Simon Wallwork and Nicola Brookes of Pannone.