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STRIX GROUP PLC ORD 1P

Strix Group appoint Stifel Nicolaus Europe as Joint Broker

Strix Group Plc (LON:KETL) today announced that it has appointed Stifel Nicolaus Europe Limited as its joint corporate broker, alongside Zeus Capital Limited, with immediate effect.

Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

Strix’s core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly. Strix has built up market leading capability and know-how in this field since being founded in 1982.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.