Case Study: Arundel Aerospace Defence Limited
- Deal size:
- Management buy-out
- Aerospace & Defence
- Deal completed:
- July 2011
Meridian Corporate Finance (“Meridian”) advised the shareholders of Arundel Aerospace and Defence Systems Limited (“AADS”) on the acquisition of Kembrey Wiring Systems (“Kembrey”) a subsidiary of Time24 Holdings.
Kembrey is one of the UK’s leading Aerospace and Defence electrical interconnection businesses and its customer portfolio is proliferated by prestigious European blue-chip Aerospace and Defence companies including BAE systems, Rolls-Royce, Agusta Westland, GKN Aerospace and Cobham.
Moving forward, AADS will work together with Kembrey to grow and develop the business and strengthen its position in key markets and with customers.