The acquisition will enable TT Electronics to provide a wider range of solutions.
Aero Stanrew, headquartered in Barnstaple, Devon, is a leader in the design and production of electromagnetic components and electronic systems for harsh environments and safety critical applications. The business is primarily focused on the commercial aerospace and defence markets with sole-source positions on key growing platforms.
Aero Stanrew solves complex technical challenges in product areas and for a customer base which overlaps with a number of TT’s businesses. The combination of TT and Aero Stanrew provides the opportunity to accelerate TT’s strategy to offer a wider range of capabilities to a broader base of tier 1 customers and increase exposure to aerospace and defence, one of TT’s core markets. Aero Stanrew has a well-established position in the market and, with access to TT’s global networks and expertise, they can increase the scope of future offerings into their existing customer base.
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