27 May 2016
Silverfleet completes investment in Sigma Components
Silverfleet is pleased to announce the completion of the buyout of Sigma, a UK precision engineering components manufacturer for the commercial aerospace sector. Sigma is an international leader in its chosen niche markets of aerospace pipes, ducts, fabrications and precision surface finishing. Operating from four sites in the UK and two in China, and employing approximately 750 people, Sigma serves global aerospace customers such as Rolls Royce, Safran, Airbus, Bombardier and BAE Systems.
The outlook for commercial aircraft and aircraft engine production is very positive, and Sigma is well positioned on several key platforms. We look forward to supporting the management team’s plans for continued operational improvements and investment. In a relatively fragmented marketplace, we also aim to pursue buy & build opportunities to expand into new geographic regions and adjacent market segments.
Mark Johnson, CEO of Sigma Components, commented: “Silverfleet are the ideal partner to support Sigma in its next growth phase. We have identified some exciting opportunities for broadening our manufacturing capabilities and developing our relationships with new and existing customers.”