Meggitt,
the UK-based aerospace, defence and electronics group, is to acquire the business of Avery-Hardoll from Cobham Fluid Systems, subject to regulatory and consultation processes.
The cash consideration of £8 million is payable on completion, with a subsequent working capital adjustment.
Avery-Hardoll, located in Blandford,
Avery-Hardoll will form part of the Meggitt Aerospace Equipment division, and will complement Whittaker Controls which produces fluid controls, valves and subsystems, ground fuelling equipment and quick disconnects.
Oxa launches autonomous Ford E-Transit for van and minibus modes
I'd like to know where these are operating in the UK. The report is notably light on this. I wonder why?