Aeromet’s acquisition of Stone Foundries from Langham Industries

Fladgate LLP has advised Aeromet International Limited, a leading supplier of airframe and aero engine components, on its acquisition of Stone Foundries Ltd. from Langham Industries.

Aeromet and 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 world class sand and investment castings to its customer base that includes Airbus, Boeing, Embraer, Leonardo, Meggitt and Rolls-Royce.

Aeromet is a portfolio company of Privet Capital, a London-based private equity investor. Privet Capital acquired Aeromet in 2015 from US based Black Diamond Capital Management for an undisclosed sum.

The Fladgate team was led by corporate partner Graham Spitz (picture), supported by associate Sophie Burke, employment senior associate Mike Tremeer and partners Gavin Whitney, Hamilton Forrest and Alan Wetterhahn.

Involved fees earner: Graham Spitz – Fladgate LLP; Sophie Burke – Fladgate LLP; Mike Tremeer – Fladgate LLP; Gavin Whitney – Fladgate LLP; Hamilton Forrest – Fladgate LLP; Alan Wetterhahn – Fladgate LLP;

Law Firms: Fladgate LLP;

Clients: Aeromet International Limited;