Novaria Group acquires Avantus Aerospace
Avantus products are embedded on virtually every major commercial, business jet, and defense aircraft platform, serving over 1,600 customers with more than 25 million units delivered annually.
Takeaways
- Avantus Aerospace is a manufacturer of engineered shims, detail parts, and specialty fasteners for aerospace and defense.
- Novaria Group is acquiring Avantus Aerospace with backing from Arcline Investment Management.
- The target serves aerospace and defense across United Kingdom.
Arcline Investment Management portfolio company Novaria Group is acquiring Avantus Aerospace from Inflexion, adding a UK-headquartered manufacturer of engineered shims and specialty fasteners for aerospace and defense.
Avantus products are embedded on virtually every major commercial, business jet, and defense aircraft platform, serving over 1,600 customers worldwide with more than 25 million units delivered annually.
Arcline said the company’s positions on the most important commercial and defense aircraft programs make it an ideal addition to the Novaria family.
Novaria, founded in 2011 and based in Fort Worth, Texas, supplies niche engineered components to over 3,000 aerospace and defense customers.
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