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For further details see our joint press release.
On Friday 15th November, Chelton Ltd. acquired, from SaaB, their subsidiary, Applied Composites AB. Chelton Ltd. manage the Avionics activities of Cobham plc.
Applied Composites is a leading supplier of advanced products to the Swedish Aerospace and Defence industry, including the nose radome for JAS 39 Gripen Aircraft. Its activities are complementary to Chelton’s existing Composite Group companies in the UK, and the acquisition will further strengthen the activities within the EU as well as enhancing Chelton’s position as the leading radome supplier in Europe.
The existing management team, headed by Björn Thundal, will continue to manage the business.
It is Chelton’s intention that Applied Composites AB will be re-named Chelton Applied Composites AB and will continue to trade and be based in Sweden.
For more information visit: