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Allied Electric was founded by Bill Venter, a 33-year old telecoms engineer, and three colleagues. Total staff complement was six people. Founder and chairman of Altron, Dr Bill Venter (left).

Allied Electric begins business as a designer and manufacturer of semi-conductor rectifier equipment, battery chargers, inverters, variable speed drives, DC motor controls, DC power supplies, electronic signal equipment and transformers. Components are distributed on behalf of leading French, USA and UK principals and manufacturers.