Deals
A struggling Gateshead tech firm is hoping to be rescued after it received several offers for its trading subsidiary and assets.
Listed Zytronic also confirmed that managing director Mark Cambridge, who has been in post since 2006 and served the company for the past 25 years, has stepped down as planned.
Zytronic said late last year that it was considering several options including solvent liquidation or a sale following a strategic review.
A manufacturer of touch overlay sensors for interactive displays dating back to the 1940s, Zytronic appointed a new chair last year in a bid to turn around its fortunes after sales failed to recover to pre-COVID levels.
The company’s technology – manufactured in three factories in Blaydon…
