Shimtech Industries is the global leader in the manufacture and supply of 'shims', a key component used by the global commercial and military aerospace markets to isolate two materials in the assembly of aerostructures.
|Sector||Manufacturing & Industrials||Office||London|
The opportunity for Bridgepoint Development Capital to acquire the business arose when Shimtech's parent needed to raise capital to reduce leverage in its business. BDC believes that this is potentially a good time to invest in the aerospace cycle as it is forecast that the number of aircraft deliveries will double in the next 20 years.
2015 Shimtech was sold to Auctus Industries and Inflexion in
a transaction totalling $220 million.
To learn more about the company, visit www.shimtechgroup.com