The acquired business employs approximately 650 people at two manufacturing facilities located in the UK and Thailand and is a supplier of composite and metallic propulsion and structural composite components and assemblies. Key customers include Airbus, Rolls Royce, Aircelle and Bombardier.
Primus Composites was acquired from Precision Castparts Corp, a manufacturer of complex metal components and products. The plants were part of Primus International Inc.
| The acquisition of Primus Composites increases our global presence, expands our structural composite capabilities and enhances our customer relationships. |
| Jeffry D. Frisby, Triumph’s President and CEO |
Triumph Group, headquartered in Berwyn, Pennsylvania, USA, designs, engineers, manufactures, repairs and overhauls aerostructures, aircraft components, accessories, subassemblies and systems. Triumph consists of 46 specialised manufacturing companies, organised into three groups: Aerostructures, Aerospace Systems, and Aftermarket Services.
Triumph says the Primus Composites business is expected to add approximately $55 million in annual revenue. It will operate as Triumph Structures-Farnborough and Triumph Structures-Thailand and be included in the Aerostructures Group.
Primus Composites' management team of Doug Fletcher, Paul Jerram and Alex Beysen will remain with Triumph.
