UK - Darwin acquires Hampson Aerospace for £23.7m
Darwin Private Equity has acquired the aerospace machining division of Hampson Industries plc in deal worth close to ТЃ24m.
The deal will see Hampson Aerospace Machining Limited (HAML) rebranded as Bromford Industries. Lloyds TSB Corporate Markets provided a debt package to support the transaction.
Birmingham-based HAML is a manufacturer and supplier of complex, highly engineered, peformance-critical components for the commercial aerospace, military and defence and power generation markets. The company serves a blue chip customer base of gas turbine engine OEMs such as Rolls-Royce and Siemens. The business operates from three sites in the Midlands and has approximately 300 employees.
As part of the deal, John Hudson OBE will join the company as chairman, while Jeff Walker will come on as finance director.
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