Hampson Aerospace Machining, which makes components for the commercial aerospace, military and power generation markets, will continue to be run by its existing management team led by CEO Mike Smith. Darwin has introduced John Hudson to the company as chairman and Jeff Walker as finance director, both of whom have worked with the firm on previous buy-outs.

The acquisition finance arm of Lloyds TSB Corporate Markets provided debt for the transaction, which follows Hampson Industries’ decision to focus on its advanced composites businesses in components and tooling systems.

Birmingham-based Hampson Aerospace, which will now trade as Bromford Industries, employs 300 people at three sites in the Midlands.