Aerospace coupling

Meggitt, the UK-based aerospace, defence and electronics group, is to acquire the business of Avery-Hardoll from Cobham Fluid Systems.

Meggitt,

the UK-based aerospace, defence and electronics group, is to acquire the business of Avery-Hardoll from Cobham Fluid Systems, subject to regulatory and consultation processes.

The cash consideration of £8 million is payable on completion, with a subsequent working capital adjustment.

Avery-Hardoll, located in Blandford, Dorset, UK, provides a range of specialist products, including measurement products, couplings, control valves, fluid transducers and filtration products.

Avery-Hardoll will form part of the Meggitt Aerospace Equipment division, and will complement Whittaker Controls which produces fluid controls, valves and subsystems, ground fuelling equipment and quick disconnects.