Electronics firm completes £400,000 management buyout

Technology company Camtronics Vale Limited has completed a management buyout after receiving a £400,000 loan from the Development Bank of Wales. Led by Paul Macleur, the senior management team has taken control of the £2 million electronics manufacturing business from PhotonStar LED Plc. Headquartered in Tredegar Business Park, the company employs 31 people and develops electronics for sectors such...