NetComposites
Attwater

Hampson Industries Set to Acquire Coast Composites

25 November 2005

UK aerospace and automotive engineering group Hampson Industries is to acquire California-based Coast Composites, a manufacturer of tooling systems for composite structures, in a bid to benefit from the trend towards composite airframes.

In addition to acquiring Coast for $56 million, Hampson is to pay $25.2 million for California-based Lamsco West, a leading supplier of laminated shims and sheet materials to the aerospace industry. Both deals are expected to close in December.

The acquisitions bring the group access to “high-growth” programmes such as the Boeing 787, Lockheed Martin F-35 Joint Strike Fighter, Lockheed/Boeing F/A-22 Raptor and several next-generation unmanned air vehicles. They will “transform Hampson’s strategic presence in aerospace, notably in laminates and high- growth composites, which are increasingly replacing metals in current and next-generation aircraft manufacture”, says Kim Ward, Hampson chief executive.

Established in metal components and structures, Hampson began moving into composites with its $41 million acquisition in December last year of US transparencies and plastics specialist Texstars.

The Lamsco acquisition will make the company the dominant supplier of laminated shims for aerospace applications.





Share this story


Related / You might like...

Refitech Introduces Refiflex Standardised Carbon Components for Lightweight Construction at JEC 2019

At the JEC World 2019, Refitech Composite Components will showcase its new Refiflex range of carbon components for easy accessible lightweight construction for a range of applications.  

Breakthrough Technology from Heraeus Noblelight for Aerospace

Heraeus Noblelight, presents together with German Aerospace Centre (Deutsches Zentrum für Luft- und Raumfahrt; DLR) its breakthrough humm3 heating technology for composite materials at JEC World 2019.

SFS Intec Partners With TxV to Re-engineer Aircraft Bracket Using Thermoplastic Composite

To achieve valuable weight and cost savings within the quality and price-sensitive air transportation industry, SFS intec is partnering with TxV Aero Composites in the re-design of an aircraft storage bin bracket.