Meggitt Ltd’s Investment In HiETA Technologies Ltd

Gowling WLG has assisted the in-house team at Meggitt Ltd on its investment in HiETA Technologies Ltd.

Meggitt’s investment will accelerate the development of the next generation of thermal systems for aerospace and energy applications, and enables a new generation of high performance and light weight thermal systems to be brought to the market at a critical time for sustainable aviation and lower carbon power generation solutions.

Meggitt (UK) Ltd is a subsidiary of Meggitt PLC, a leading international company specialising in high performance components and subsystems for the aerospace, defence and selected energy markets.

HiETA Technologies Ltd is a UK company with world-leading capabilities in metal additive manufacturing.

Corporate partner Hugh Maule (Picture) led a cross-firm team assisting Meggitt on the transaction, with support from Kat McGriskin, Mel Mapstone and Gowling WLG’s transaction services team. Due diligence input was provided by various lawyers across the firm.

Meggitt’s team was led by Hugh Clayton, Fergus Munro and Kate Coulson.

Involved fees earner: Melanie Mapstone – Gowling WLG; Hugh Maule – Gowling WLG; Kat McGriskin – Gowling WLG;

Law Firms: Gowling WLG;

Clients: Meggitt PLC;