Rochester-based Aeromet International, a leading supplier of airframe and aero-engine components, is to acquire the business and assets of Stone Foundries Ltd from Langham Industries (
www.aeromet.co.uk).
Aeromet and London-based Stone Foundries have a long track record of providing aluminium and magnesium cast components to the aerospace and defence industries.
Following the acquisition, the combined business will continue to provide sand and investment castings to customers that include Airbus, Boeing, Embraer, Leonardo, Meggitt and Rolls-Royce.
As production rates in civil aerospace steadily rise, the enlarged Aeromet business will continue to invest in capacity, as well as in advanced casting technology.
Chairman Vardhan Rajkumar said: “This deal is a very exciting development to consolidate two world-class aerospace businesses in the UK.
“The enlarged business will be manufacturing parts for both engines and airframes and will continue to be the supplier of choice for complex cast parts to the aerospace and defence industries world-wide.”
John Townsend, managing director of Stone Foundries, said: “The combination of Aeromet and Stone Foundries will secure a bright future for the company. I am looking forward to joining the Aeromet team and leading the combined sand casting business.”