“This acquisition will enhance the capabilities within our Composites Group by providing high quality metal machining and structures assembly skills, which combined with our composites expertise, will allow us to deliver complex metal and composites assembly structures to our customers," reports Al Haase, CEO of the AGC Composites Group.
Hill AeroSystems' management team, led by Steve Hill, will remain with the company.
The business will be known as Hill AeroSystems, an AGC Aerospace & Defense Company.
The US based AGC Composites Group, part of the AGC Aerospace & Defense portfolio, is jointly owned by The Edgewater Funds and Acorn Growth Companies. The group is composed of Unitech Composites, Integrated Composites and Hill AeroSystems and provides design, tooling, and production services.