when the business was established as a spin off from Newbury Engineering Limited, which had originally been formed by Major Ernest Lloyd, to undertake secondary machining on Zenith carburettors. A factory at West Mills near the locks in the centre of Newbury was purchased, and Newbury Electronics developed its business in the manufacture of circuit boards, initially supplying the AWRE at Aldermaston and Leo Computers (ICL). The company was the subject of a number of acquisitions in the early 1970s before being acquired by AB Electronic Components PLC in 1972. Kevin Forder, joined the Company from AB Electronics in 1976 and was appointed Managing Director. Two years later, “plated through hole” (PTH) circuit boards were manufactured at Newbury for the first time, and CNC drilling machines were installed in 1979.