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Darwin Private Equity has acquired Hampson Aerospace Machining (HAM) from Hampson Industries for £23.7 million in cash.
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Triumph Group, a US aircraft manufacturer, has agreed to acquire the Essex and Germany-based aviation business of Kongsberg Automotive for £18 million.
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Mid-market private equity house Dunedin has sold Fernau Avionics, a designer of navigational aids for aeroplanes, for £32 million.
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AMETEK, a global manufacturer of electric motors and electronic instruments, has acquired UK-based Muirhead Aerospace, a manufacturer of motion technology products for the aerospace and defense markets.
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Ryanair has upped its stake in rival Irish airline Aer Lingus to almost 30 per cent. Europe’s biggest low-cost airline bought an additional 3.5 million shares, bringing its total holding to more than 159 million.
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Aviation giant British Airways has boosted the services offered by one of its subsidiaries after agreeing to buy a French airline.
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A runway lighting company with revenues of more than £20 million a year has been created after ATG Airports bought one of its rivals.
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Suffolk-based entrepreneur Graeme Kalbraier has established an unusual spin-off from his insurance call handling company Call Connection – an aircraft charter business.
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David Lenigas, entrepreneurial boss of Lonrho Africa, says the emerging conglomerate plans an AIM float in the New Year for Norse Air, the African air charter and leasing company where Lonrho has bought a 43 per cent controlling stake for £3.15 million.
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