Mangohojden acquires Slingsby Advanced Composites Ltd.
Swedish company seeks to develop a group of specialist aerospace and defense businesses to improve and enable investments needed to meet European industry demand.
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Source | Slingsby
Mangohojden AB, a privately held Swedish company seeking to develop a group of specialist aerospace and defense businesses, has acquired . (North Yorkshire, U.K.) from (Cambridge, U.K.).
Established in 1931 and acquired by the Marshall Group in 2010, Slingsby Advanced Composites is a premier complex composite structures and assembly service providers operating across land, air and sea defense platforms. Slingsby recently announced it has expanded capacity with investment, commission and installation of a fourth autoclave to meet growing demand, optimizing its capacity to achieve customer needs.
Marshall Group is a globally respected provider of advanced structures and complex subsystems that meet stringent engineering requirements across civil and military applications. Building on decades of experience, the company develops and delivers durable and robust structures and complex subsystems for extreme land-based and maritime environments, considering both current and future mission requirements.
“Slingsby Advanced Composites is well-positioned to support the U.K. and European defense industry as it adapts to the new reality with increased investments and reliance on domestic supply,” says Torbjörn Johansson
Mangohojden board member. “Our ambition with Mangohojden is to establish a group of European companies in the defense and aerospace industry. As the industry is entering a transformational phase, we see an opportunity to create a group of niche companies. By combining with other successful companies, access to capital will improve and enable investments needed to meet industry demand in the coming years.”
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