Lucy Switchgear makes parts that are used in electrical transmission systems, to control, protect and isolate equipment. The Oxfordshire company sells its products in 50 countries and is led by chairman Richard Dick, 64. Sales increased 21% to £152.1m last year, due to both organic sales growth and the acquisition of aluminium casting specialist Truscanian for an undisclosed sum. The firm bolstered its overseas network of factories this year by opening one in Thailand.
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