MB Aerospace Acquires Delta Industries

MB Aerospace is to acquire US-based aero-engine component manufacturing business Delta Industries. Delta’s annual revenues of more than $60m last year will build MB Aerospace’s revenues to an estimated $160m for the 2013 financial year. It will also increase its staff from 370 to 550 employees. Craig Gallagher, CEO, said: "The Delta business has been a long-term target for MB Aerospace. It is a perfect fit with our ambitions for future growth. Today's announcement adds significant technical capabilities to the group, especially in relation to large-diameter fabrications and robotic welding of complex high-value aero engines components. In addition to its high levels of capability, Delta has an industry-leading reputation for its ability to manufacture challenging system-critical components."     hann

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