Leading USA Based Aerospace Manufacturing Business to Integrate into Birmingham based Bromford Industries.
NEW YORK / BIRMINGHAM, UK / CHESTER, Conn. – April 3, 2018 - Liberty Hall Capital Partners (“Liberty Hall”), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, announced today the acquisition of AeroCision LLC (“AeroCision”), a leading supplier of complex engine components and assemblies for the global aerospace industry. AeroCision will be integrated into Bromford Industries (“Bromford”), a leading supplier of complex, close tolerance engine components, fabrications and assemblies for the global aerospace and power generation industries.
Birmingham based Bromford was acquired by Liberty Hall in 2016 as the foundational asset for the firm’s strategy to build a diversified engine component supplier to the global aerospace and power generation markets. Aerocision, with a facility in the USA and a Joint Venture in Bangalore are the first additional and significant addition to the group’s strengths.
"As the industry continues to see dramatic growth in the delivery of next generation, fuel efficient engines, we believe the acquisition of AeroCision is highly strategic to Bromford and fully supports our vision of building a fully-integrated, diversified engine component supplier," said Rowan Taylor, Liberty Hall's founding Partner. A view shared by CEO Gary Lowe who commented “The acquisition of AeroCision not only reinforces Bromford’s existing relationships, but also enhances our potential to develop and cement new strategic relationships, as we continue our aggressive growth trajectory, underpinned by our collective vision of unparalleled quality and customer service, to our global customers.”
With 3 sites in the UK Midlands area, Bromford Industries serve an impressive customer base, across aero engines, landing gear and industrial gas turbines. Bromford have the enviable position of producing components for every range in the Airbus portfolio, whilst servicing the world’s premier Aero Engine and IGT programs. Aerocision now adds an international dimension supporting global reach, and providing further capability and competitive edge through the Aerocision India joint venture, further strengthening Bromford’s position as machining market leaders.