Strategic acquisitions for precision engineering aerospace business
Bromford Industries was a buyout from Hampson Aerospace in 2009 funded by Darwin Private Equity and Lloyds TSB. The business manufactures precision engineered components for use in Aero Engines, Industrial Gas Turbines and Landing Gears with sales in excess of £25m.
Their professionalism and dedication far surpassed our expectations.
Mike Smith, Managing Director
Following the buyout, Orbis was appointed to lead the acquisition strategy including identifying and approaching acquisition targets; appraising opportunities and project managing the acquisition process to completion. We worked closely with the management team to assess the commercial and financial implications of the acquisitions to Bromford Industries.
Orbis assisted Bromford Industries on three acquisitions as part of their five-year strategic development plan; Firthstones Limited, Steelcraft Precision Limited and H. Beesley Limited. Each acquisition provided varying prospects including an extended customer base, additional technologies and processes and a complementary product portfolio.
- Advised on all financial and commercial negotiations
- Led the preparation and execution of the financial due diligence
- Project managed the process to completion
- Worked alongside the legal team to negotiate suitable legal agreements