Umeco to acquire Richmond Aircraft Products

Umeco aerospace service group is to acquire US-based Richmond Aircraft Products for $37.5m (£25m). Richmond supplies vacuum bagging and structural foam products to aircraft manufacturers and first-tier suppliers. The deal fits Umeco’s plan to expand its presence in the US and European aerospace and defence markets.

Umeco aerospace service group is to acquire US-based Richmond Aircraft Products for $37.5m (£25m). Richmond supplies vacuum bagging and structural foam products to aircraft manufacturers and first-tier suppliers. The deal fits Umeco’s plan to expand its presence in the US and European aerospace and defence markets.