Industry news
- China Aluminium Network
- Aeromet International, a leading supplier of aluminium and magnesium castings and fully-finished, assembly ready cast parts for the aerospace and defence industries, has acquired Stone Foundries Ltd from Langham Industries.
Stone Foundries is a manufacturer of high integrity aluminium and magnesium, sand and investment castings. The company provides parts for helicopters, commercial and military aircraft, jet engines, and motor racing.
Vardhan Rajkumar, Chairman of Aeromet, 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 Engine and Airframes and we will continue to be the supplier of choice for complex cast parts to the aerospace and defence industry worldwide.”
Both the companies will continue to provide sand and investment castings to its customer base that includes Airbus, Boeing, Embraer, Leonardo, Meggitt and Rolls-Royce.
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.”
- Source: http://www.alcircle.com/