in Defence

Aish Technologies acquired by AGI Holdings

Posted 16 August 2017 · Add Comment

Poole-based defence systems manufacturer Aish Technologies Ltd has been acquired by AGI Holdings LLP. The investment affiliate of J.F. Lehman & Company has purchased the entire share capital, in a move to strengthen its position in the global defence market.

(left to right) Lloyd Bates, Managing Director of Aish Technologies and Geof Eeles, CEO of AGI Holdings.
The acquisition is expected to open up new opportunities for Aish particularly within the naval sector. AGI Holdings is active in over 50 countries worldwide and has complimentary operating subsidiaries including Aeronautical & General Instruments also based in Poole, Hoffman Engineering in the US and Aircraft Appliance and Equipment based in Canada.
Lloyd Bates, Managing Director of Aish Technologies, said: "This is a very exciting time for Aish and we are delighted to become part of such a prestigious and forward-thinking Group. For example, AGI currently have contracts with the Navies in around 50 countries worldwide, so the opportunities this opens up for Aish are significant.”
AGI Holdings provides situational awareness and LED lighting systems for naval vessels, military and commercial aircraft and military ground vehicles. Some of AGI’s core product lines include naval visual landing systems, wind and speed sensor systems for naval and aviation applications, naval filtration equipment and military aerospace sub-system repair and overhaul solutions.
Aish’s capability in ruggedised display systems and cathodic protection systems is regarded as a strong strategic fit for AGI and enhances its portfolio of mission critical situational awareness, filtration and other related products and services.
Geof Eeles, CEO of AGI Holdings commented: “We are excited to expand the breadth of our current offering to our global naval customer base, with the acquisition of Aish. Their 100+ year legacy and reputation for innovation, quality and customer service were all factors in our interest in the company, and we are looking forward to helping Aish develop and prosper in the future.”
Aish has grown significantly within the last few years and now employs over 220 people at its headquarters in Poole.

The company and management structure will remain unaltered following the acquisition, with the exception of Ed Bates, the past Chairman of Aish, who has now retired.


* required field

Post a comment

Other Stories
Latest News

Connected aircraft set to reduce costs and emissions

The connected aircraft, enabled by satellite communications, has the potential to save airlines $15 billion annually in operational efficiencies and 21.3 million tonnes of CO2 emissions by 2035, according to first-of-its-kind

Defence Minister visits WFEL

Defence Minister Guto Bebb has seen first-hand how the MoD is boosting regional economies across the country after he visited one of Britain’s military bridge suppliers, WFEL, in Stockport.

Altus take stock with new component counting range

With the importance of increasing traceability of component management and the reduction in labour intensive procedures growing, Altus Group has added new lines to help in this task, including the introduction of Scienscope batch and

ACI releases European airports' air connectivity rankings

At the 27th ACI Joint EUROPE & World Annual Congress taking place in Brussels at the moment, ACI EUROPE released its latest annual Airport Industry Connectivity Report – with insights into the airports providing the best air

Cathay Pacific receives its first A350-1000

Cathay Pacific Airways has become the second airline to operate the A350-1000, taking delivery of the first of 20 A350-1000s the airline has ordered at a special event in Toulouse, France.

HMS Prince of Wales sailors take over carrier's control centre

The heart of HMS Prince of Wales is now in the hands of the men and women who will watch over it as the second of the UK’s new carriers takes a big step towards completion.

RUBB SK2105211118
See us at
SMI GMSCBT3005081118FIL18 BT111017220718SMIFAVSBT151118AdvancedEngin BT1406011118DVD18BT3105200918