Analysis

Acquisition boosts growth for MB Aerospace

4th April 2014
Nat Bowers
0

MB Aerospace announces the multi-million dollar acquisition of aero-engine component manufacturing business Norbert Industries. Obtaining Norbert’s operations in Michigan, USA and Rzeszów, Poland, this deal means that MB Aerospace now employs nearly 900 staff across North America and Europe.

The enlarged group now has a range of fabrication and machining capabilities able to provide OEMs with engineering skills and services alongside the complex products found throughout aero, marine and industrial gas turbine engines across the full product life-cycle. Core product technologies include fan cases, combustion cases, inlet cases, turbine exhaust cases, turbine support cases, air transfer cases, intermediate cases, rotating rings, complex structural assemblies alongside a range of diffusers and sync rings.

Craig Gallagher, CEO, MB Aerospace, commented: “With its well-invested manufacturing facilities and deep customer relationships in North America, alongside its highly developed engineering resources in Poland, the Norbert business is an opportunity of vast potential to support the growth ambitions for MB Aerospace as a whole. This acquisition will also enable us to continue building an efficient and customer service-led organisation to serve our OEM customers as they continue to grow. Not only are we acquiring two highly-performing operations which possess attractive manufacturing capabilities and customer-service led management teams but we are also securing significant additional engineering and manufacturing capacity."

The acquisition also expands the coverage of aero-engines supported by the group to more than 60 various OEM platforms across Commercial, Industrial Gas Turbines and Defence applications. MB Aerospace has ambitious plans to grow all its operations, and sees the Polish operation as adding an additional dimension to the group alongside the high skill, engineering and technology-focused manufacturing sites already developed.

"We are excited about the expansion into this new territory for MB Aerospace and see this investment as the start of a journey with the team there. We recognise the hard work that Kevan Johnston - President of Norbert - and his team have put into building this business, in particular the bold strategic decision taken in 2008 to acquire and establish a strong manufacturing presence in Eastern Europe. We look forward to welcoming them to MB Aerospace and supporting the Norbert team with the next stage in their development,” concluded Gallagher.

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