Aeromet to acquire Stone Foundries

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Airframe and aero engine components supplier Aeromet International has agreed to acquire the business and assets 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 sand and investment castings to its customer base that includes Airbus, Boeing, Embraer, Leonardo, Meggitt and Rolls-Royce.

As production rates in civil aerospace continue to rise, the enlarged Aeromet business will continue to invest in capacity, as well as advanced casting technology to develop new and innovative solutions.

Says Aeromet chairman Vardhan Rajkumar: “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.”

Adds Stone Foundries MD John Townsend: “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.”