- CEO
- Nicholas John Jefferies
- Full Time Employees
- 4,200
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- 2 Chancellor Court Guildford SU United Kingdom GU2 7AH
- IPO Date
- Jul 19, 1988
- Business
- discoverIE Group plc discoverIE Group plc designs and manufactures customized electronic components for industrial applications, serving original equipment manufacturers globally through its two divisions, Magnetics & Controls and Sensing & Connectivity. The Magnetics & Controls division supplies industrial magnetic, power, computing and control components including transformers, inductors, chokes and servo motors; the Sensing & Connectivity division provides industrial sensing and connectivity solutions such as precision load cells, torque sensors, displacement and pressure sensors, trackballs, waterproof switches, thermal switches, linear position sensors and wireless antennas. The company targets growth markets including renewable energy, electrification of transportation, medical, security and industrial automation & connectivity, with approximately 4,500 employees operating in 20 countries principally across Continental Europe, the UK, China, Sri Lanka, India, Thailand and North America; founded in 1986, discoverIE Group plc maintains headquarters in Guildford, Surrey, United Kingdom. In recent developments, the company acquired Hivolt in August 2024 and Burster Group, a German designer and manufacturer of specialist sensors including precision load cells, torque sensors, displacement and pressure sensors and electronic measurement instruments, in January 2025 for initial cash consideration of 30.6 million euros; these acquisitions strengthen the Sensing cluster, enhance international sensor capabilities and support margin expansion in line with the group's strategy of complementary bolt-ons to drive organic growth ahead of GDP.