ManufacturingDeals
Listed Gateshead firm Zytronic is to wind down operations after 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 employs more than 100 people. It appointed a new chair in 2023 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 – is used in self-service, gaming and industrial applications.
“The board has concluded the sale process for its trading subsidiary, Zytronic Displays Limited, and its underlying assets. Despite engaging with multiple counterparties,…
