NetComposites
Juniar Spraybooths

Aerodyne Advanced Composites Acquired by ACG

09 June 2006

UMECO has acquired Aerodyne Advanced Composites from Aerodyne Industries, through Advanced Composites Group (ACG), a subsidiary of UMECO.

AAC, based in Cape Town, South Africa, employs around 130 staff and manufactures advanced composites component parts principally for McLaren Automotive for the Mercedes-Benz SLR McLaren super sports car. The contract is for the lifetime of the SLR programme and will form part of a strategic relationship between McLaren Automotive and ACG from which further business is expected to materialise.

The AAC business is complementary to ACG's materials business which currently supplies McLaren Automotive and other high performance automotive and motorsport customers including Koenigsegg, Porsche and Formula 1 racing teams including Team McLaren Mercedes.

Clive Snowdon, Chief Executive of UMECO plc, commented: ""The acquisition of AAC cements our relationship with McLaren Automotive and further underlines our position as a leading supplier of advanced composites solutions to the new genre of super-cars. AAC will sit alongside ACG's existing composites engineering business to provide a low cost base to help demonstrate the use of composites and their applicability within the mainstream automotive industry. Vehicle technology is demanding lighter weight more cost-efficient designs and we are now well positioned to support this growth area""

UMECO's total initial investment in this project is estimated at £1.5 million and conclusion of the acquisition is subject to the satisfactory completion of all related legal proceedings. AAC will trade as Advanced Composites Group SA (Pty) Limited with immediate effect.






Related / You might like...

Fibrelite and Trenwa Partner on Trench Systems

Fibrelite reports that since the start of its partnership with Trenwa more than 100 precast trench systems integrating Fibrelite composite covers have been sold for use in electrical substations, wastewater treatment plants, chemical refineries and many other applications across North America.

USQ Hosts Centre for Future Materials Open Day

University of Southern Queensland (USQ)’s composites research and development was on display when the Centre for Future Materials (CFM) held its inaugural Open Day.

Aged West System Epoxy Boats Still Win Big

A pair of multihulls built by Gougeon Brothers with WEST SYSTEM epoxy resin decades ago won races on the Pacific Ocean and Great Lakes in 2018.