discoverIE Group

discoverIE Group reports an 8% organic sales increase in the first half of its 2027 financial year, driven by its Magnetics Controls division, which grew 13% due to demand in industrial electrification.

DiscoverIE Group expands its manufacturing capacity in Bengaluru, India, as part of a landmark UK-India industrial partnership. The move leverages the newly signed Free Trade Agreement between the two nations to strengthen cross-border manufacturing operations. This facility marks a significant step in deepening economic ties through industrial collaboration.

Aug 2026Yahoo FinanceNews article

DiscoverIE Group PLC acquires a 90% stake in **3Gmetalworx Inc**, a designer and manufacturer of electromagnetic shielding products for the electronics industry. The transaction is valued at **USD67.5 million**. The move expands DiscoverIE’s portfolio in specialized industrial components.

May 2026MarketScreenerNews article

Discoverie acquires a 90% controlling stake in 3Gmetalworx, a metalworking and manufacturing specialist. The deal values the company at £50 million. The acquisition expands Discoverie’s presence in industrial manufacturing sectors.

May 2026lse.co.ukNews article

DiscoverIE Group acquires a 90% stake in North American metalworking firm **3Gmetalworx** for **£50 million**. The deal expands DiscoverIE’s presence in precision metal fabrication for electronics manufacturing. The transaction reflects growing demand for specialized metal components in industrial sectors.

May 2026SharecastNews article