Solid State Plc Acquires Willow & AEC

Solid State Plc

We are excited to announce that Solid State plc has completed the acquisition of Willow Technologies Ltd and its US based subsidiary American Electronic Components Inc (AEC).

Founded in 1989 and based in West Sussex, Willow Technologies specialises in switching, sensing, resistive and hermetic seal solutions. AEC is based in Elkhart, Indiana and has a long heritage of designing and building high current switching devices.

As a manufacturer and value added distributor of electro-mechanical products, WT/AEC will make a great addition to the group’s Value Added Services division, significantly enhancing our business offering for electric vehicle, EV charging, green tech, medical and military markets.

The acquisition of WT/AEC enhances the breadth of the group’s offering and supports the strategic objective of increasing geographic reach with over 70% of revenue derived outside of the UK. AEC provides a mature and respected platform within the USA giving critical mass to the group’s existing American business.

Solid State Plc

Commenting on the acquisition, Gary Marsh, Chief Executive of Solid State, said:

“It is very unusual to find a company that so clearly meets the strategic imperatives that we have set for the Group. This acquisition of Willow and AEC dovetails nicely into our Value Added Supplies business, increasing our geographic reach and own brand products whilst providing a springboard for growth in the USA.  I’d like to take this opportunity to welcome the teams at both Willow and AEC into the Solid State Group of companies.”

Willow & AEC

On behalf of WT-AEC  Mark Del Giudice, managing director responded:

“By joining the Solid State Group, we have become part of a dynamic organisation which shares our approach to providing niche products to new and developing growth markets. Our product portfolios complement one another and we will work together to ensure growth for both our business partners and our staff. I look forward to the next chapter of our business development and becoming part of the Solid State Group’s future.”

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Solid State Plc Donates Laptops to Local School

Our parent company, Solid State Plc, has donated 20 laptops and 10 wireless dongles to Trinity High School for students who are currently learning from home.

During the national lockdown, some students do not have the supplies nor internet access to be able to access the online lessons to learn remotely. The donated devices will ensure local students have the opportunity to participate in lessons to ensure that their education continues during this pandemic.

Some of the staff at Trinity High School have also kindly donated laptops to support students with remote learning.

Gary Marsh, CEO of Solid State PLC, said: “Whilst our business trades nationwide, we have a long history of operating in Redditch and are only too pleased to be able to give something back to the community where we now have our headquarters.  These are difficult times for everyone, but we recognise that the future of UK industry depends particularly on the education of our children. We are delighted to be able to help in this small way.”

Mr Adrian Ward, Headteacher at Trinity High School, said: “We are really grateful for the generosity of both the public, charities, local businesses and the school staff. Without their support we would have even more students unable to access remote lessons, and the long-term effects of this could be very damaging. Any further support or donations would be gratefully received.”

Councillor Marcus Hart, Worcestershire County Council’s Cabinet Member with Responsibility for Education and Skills, said: “It is great to see the local community coming together to support schools during this very challenging time. All students should have access to education, and this donation from Solid State PLC will make a vital impact to the students at Trinity High School.”

Source: Worcestershire City Council

Solid State Plc Employees Complete ‘Walk the Length of England’ Fundraiser for NHS Charities Together

On Thursday the 7th of May, colleagues from across the entire Solid State Plc group completed a walking challenge to raise much needed funds for the NHS. The aim was to jointly walk or run the equivalent of the length of England in just one hour of exercise; a total distance of 556 miles.

As each person completed their hour long walk or run, step counts were submitted and compiled into a rolling tally. After 1,250,000 steps the finish line was crossed at 2pm, and as counts continued to roll in, the eventual combined total was an incredible 1,451,600 steps, the equivalent of 645 miles.

The aim was to raise £2,500, but this figure was quickly surpassed with the standing at £4,524.34. Solid State Plc matched the employee sum bringing the total raised to £9,049.34.

Commenting, Gary Marsh, CEO of Solid State Plc said: “In such extra-ordinary times the pressure on the NHS is colossal. The front-line workers every day, are doing such an incredible job, that we wanted to do our bit to help. My colleagues across the entire group have risen to this challenge with enthusiasm and determination, and the generosity of everyone who donated has been astounding. It is with pleasure that the company will match these donations pound for pound”.

View the fundraiser page here