ManufacturingDeals
Trading in the shares of historic North East tech firm Zytronic is to be suspended next week.
Gateshead-headquartered Zytronic, a manufacturer of touch overlay sensors for interactive displays dating back to the 1940s, employs more than 100 people.
In consultation with FRP Advisory Trading Limited, it is winding down operations after considering several options including solvent liquidation or a sale following a strategic review. The company appointed a new chair in 2023 in a bid to turn around its fortunes after sales failed to recover to pre-COVID levels.
Today Zytronic notified the London Stock Exchange that its annual report and accounts for FY24 – covering the 12 months to 30th September 2024 – will not be…
