ONE of Crediton's major employers, Graphic Plc, manufacturer of multi-award winning Printed Circuit Boards (PCB's) and whose premises are based on the Lords Meadow Industrial Estate, has acquired 100 per cent of the shares of Printca Denmark A/S.

The acquisition will reinforce the position of Graphic Plc as a global leader in manufacturing complex advanced technology PCB's in the high reliability segment of defence, aerospace, medical, industrial, telecommunications and other special markets.

Graphic now holds more manufacturing world approvals for its products than any other competitor. The company has more than 44 years' experience in manufacturing high reliability PCB's with global manufacturing facilities in the UK, China and Denmark.

With more than 600 employees and revenues in excess of £28.5 million, Graphic are capable of providing every aspect of time critical PCB's to its global customer base.

Jan Nielsen, chief executive officer of Printca Denmark said: "I am convinced that Graphic is an excellent match for us and with their high end technology expertise and financial strength we will be able to bring further benefits to our customer base.

"Being selected by Graphic is a compliment to our employees for their dedication and commitment to our global customer base over many years.

"Our entire organisation looks forward to growing our business as part of the Graphic Group."

Rex Rozario OBE, executive chairman of Graphic Plc told the Courier: "I am extremely happy for this step in Graphic's development. Graphic and Printca have the same business ethics and a customer driven perspective.

"With their highly specialised space approvals we will have a full range product programme that can support even the most extreme needs in our customer base.

"We can add a successful proven business record and the long-term commitment needed, to develop the Printca business successfully in the coming years."