A LEADING Northern Ireland aerospace group has announced a Belfast acquisition and a move to new headquarters in Lisburn.
Causeway Aero Group, which includes Denroy Plastics and Moyola Precision, has completed the acquisition of manufacturer, Belfast Aircraft Stress Engineers Ltd (BASE).
The Dundonald-based company, which specialises in stress analysis and design, particularly of aircraft structures and systems, is a supplier to the global aerospace industry. It has previously worked on cutting edge programmes for top flight customers includes the likes of Bombardier, GKN, BAE Systems and Thompsons.
The acquisition, along the move to new headquarters in Lisburn represents a seven figure investment from the group.
CEO of Causeway Aero, Michael Rice believes the deal represents a huge step forward in capabilities and will result in "exciting opportunities".
“Adding this level of design, stress, technical publications and experience in-house to our current quality management, procurement, sub-contract manufacture and assembly capabilities completes the true ‘one-stop-shop’ offering we give our clients. This will significantly enhance the agility of our Aero supply chain solution," he said.
“With the collective work we've been doing over these last few months we already give a real and innovative solution, through full engineering, supply chain management and assembly. This, along with our new premises in Lisburn, paves the way for new growth and exciting opportunities.”
As part of the deal BASE strategic development director, Peter Hinds joins the Causeway board as vice president of engineering services and will immediately oversee the up scaling of the design team.
Causeway Aero is now working on a number of new projects covering aerospace and railway structures and aircraft interior products with its own novel design concepts.
Causeway Aero was founded in 2016 by five local aerospace companies, who agreed to join together to offer combined capabilities to the aerospace sector.
