Component purchase

UK company GKN has agreed to acquire the Teleflex Aerospace Manufacturing Group (TAMG) – a manufacturer of engine components for the aerospace industry.

The combination of GKN’s existing Engine Products business and TAMG will create a company that's involved in the manufacture of fixed and rotating engine components with a range of products including engine and fan cases, blades, blisks, vanes and cowls, utilised throughout the engine.

GKN is already well positioned in metallic engine components and, as a world leader in advanced composites, aims to take advantage of the growing composite content in aero engine development. The acquisition of a manufacturer with capabilities across a range of metals, including titanium, complements both the existing business and expands GKN’s range of aerospace materials technologies.

Civil aerospace programmes account for approximately 70% of TAMG revenues which increases GKN’s exposure in the sector. TAMG has relationships with all the leading aero engine primes and positions on a range of established engine programmes such as the CFM56 and GE90 as well as new programmes for the light jet market and also the F-135 Joint Striker Fighter engine for the military market.