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ThyssenKrupp Aerospace, via its UK subsidiary, has acquired the business activities of The Waterjet Group, based in Darton, South Yorkshire/UK. The closing took place on July 31, 2013. The parties have agreed not to disclose the purchase price.
The Waterjet Group (around 40 employees) was established in 2002 and is a leading UK waterjet cutting company for the aerospace industry. The company has several waterjets and related value add equipment, a large number of aerospace approvals and to a smaller extent also serves other high-tech industries, including the medical technology sector. The company operates out of a site near Leeds. With its equipment the company is able to process a wide range of materials and sizes for the European and international customer base.
ThyssenKrupp Aerospace has been working with The Waterjet Group for many years and will be integrating its employees, equipment and technical expertise into the ThyssenKrupp Aerospace global network.
As the acquisition will considerably ease the logistics of waterjet cutting services, customers in other European markets will also benefit from a faster, more cost-efficient service.
More information: www.thyssenkrupp.com
The machining of composite materials requires specific tools and know-how. It is due to the intrinsic physical properties of the materials but also to the many aluminium, titanium or steel inserts...