© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Privet Capital Acquisition of Aeroment from Black Diamond
Posted 4th August 2015

Privet Capital Acquisition of Aeroment from Black Diamond

Privet Capital Acquisition of Aeroment from Black Diamond

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Privet Capital Acquisition of Aeroment from Black Diamond

Privet Capital Acquisition of Aeroment from Black Diamond

Privet Capital, the investment company which specialises in helping businesses reach their full potential, has acquired Aeromet, a UK based manufacturer of metal castings for the aerospace industry, from US based Black Diamond Capital Management for an undisclosed amount. Aeromet is a world class foundry with a turnover of £20m per annum, specialising in complex castings for commercial and defence aerospace applications.

It serves large OEMs including Airbus, Boeing, Rolls Royce, Embraer, Bombardier and their Tier 1 suppliers such as Meggitt, Bae, GKN and GE Aviation. In fact, Aeromet is the only European investment casting foundry approved by Boeing. It employs more than 270 staff at two sites in Kent and one in Worcester. Aeromet has a long track record in innovation and has patented A20X, the strongest cast aluminium alloy available today. It continues to develop its manufacturing processes including 3D printing and high property SOPHIA casting. Vardhan Rajkumar, the former Chairman of Thermal Engineering, an aircraft components manufacturer, will join the Aeromet board as Chairman and Steve Keating, Managing Partner of Privet Capital will join as a non‐executive Director.

Jeff Smith, the current CEO will be retiring after 13 years with the business. Simon Holliday, currently the Operations Director has been appointed as Managing Director. Commenting, Aeromet MD, Simon Holliday, said: ‘We are delighted that Privet Capital has purchased Aeromet. With unprecedented demand for new aircraft, it is an exciting time in the aerospace sector. We look forward to working with Vardhan, Steve and other members of the Privet team as we roll‐out our growth plans to capitalise on this demand from existing and new customers.” Vardhan Rajkumar, Chairman, added: “Aeromet is a solid business with a strong management team, an enviable order book and world class customers. I am looking forward to helping the team capitalise on its track record, further develop operational capacity and build the market for its new alloy A20X.”

Categories: Finance, M&A


You Might Also Like
Read Full PostRead - Eye Icon
Exceptional ehotel Services
Innovation
05/10/2020Exceptional ehotel Services

Corporate travel is something that businesses may have to undertake several times a week, month, or year, depending on the size and internationality of its work. When travelling that much, finding the perfect platform for hotel booking is absolutely imperative

Read Full PostRead - Eye Icon
Innovation for Efficiency: Unleashing the Potential of Intelligent Battery Management
Innovation
21/07/2023Innovation for Efficiency: Unleashing the Potential of Intelligent Battery Management

In 2022, the global market size for battery management systems was USD 7.8 billion and is projected to reach a whopping value of USD 55.

Read Full PostRead - Eye Icon
The Growing Importance of Software Asset Management for Businesses
News
17/06/2024The Growing Importance of Software Asset Management for Businesses

Software has become an integral part of business operations across all industries. From productivity tools and communication platforms to specialized applications and enterprise solutions, the reliance on software is undeniable.

Read Full PostRead - Eye Icon
Professional Negligence in the UK
Finance
08/06/2016Professional Negligence in the UK

Wixted & Co are a firm of solicitors who specialise in pursuing claims for professional negligence against financial advisers, accountants, surveyors and other professional advisers.

Read Full PostRead - Eye Icon
The Rise of Entry Screening Solutions To Enhance Safety And Security
News
03/07/2023The Rise of Entry Screening Solutions To Enhance Safety And Security

In an increasingly complex world where safety and security are paramount concerns, entry screening solutions have emerged as crucial tools to protect public spaces. These innovative solutions provide a comprehensive approach to identifying potential threats an

Read Full PostRead - Eye Icon
Award Winning Cloud-Based Communication
Innovation
04/05/2022Award Winning Cloud-Based Communication

Unified Communications as a Service (UCaaS) is a category of "as a service" or "Cloud" delivery mechanisms for enterprize communications. These procedures allow the linking of data between one source to another, in no time.

Read Full PostRead - Eye Icon
Solana: The Rising Star Paving the Way for Bitcoin’s Evolution
Finance
15/08/2023Solana: The Rising Star Paving the Way for Bitcoin’s Evolution

In the vast and dynamic realm of cryptocurrencies, one project has been gaining significant attention and acclaim: Solana. With its exceptional scalability and innovative features, Solana has emerged as a rising star in the crypto space.

Read Full PostRead - Eye Icon
BroadwayHD Recognised as Best Niche Streaming Service 2021
News
11/06/2021BroadwayHD Recognised as Best Niche Streaming Service 2021

BroadwayHD have been an integral part of streaming Broadway shows since 2012. We took a closer look at the streaming service that has helped bright up staying at home in 2020.

Read Full PostRead - Eye Icon
Why GDPR is Good for Your Business
Leadership
04/06/2018Why GDPR is Good for Your Business

Christopher Scott, programme director at The Bunker, talks us through the benefits of GDPR now it is in full force.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow