Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide

Aerospace

AVPE Group acquires Altec CNC

AVPE Group has announced the acquisition of Altec CNC, the precision manufacturing division of Altec Engineering Limited.

Image courtesy AVPE Group

The acquisition of Altec CNC is the latest example of AVPE Group's strategy to consolidate leading SME component manufacturing businesses to create a reliable and resilient multi-sector Group.

Altec CNC - which will be renamed AVPE Durham later this year - is a supplier of complex machined components, grinding and surface coatings for the aerospace, medical, energy, rail and automotive industries and is enhanced by a strong R&D and Project management capability. The business will continue to operate from facilities in Bowburn, County Durham and Paul Lackenby, Altec CNC’s Managing Director, will become Chief Operating Officer (COO) of AVPE Group.

Advertisement
Marshall RT 2

Duncan Frame, CEO of AVPE Group, said: “Altec CNC is a terrific addition to AVPE Group. The specialist capabilities, highly experienced workforce and creative problem-solving capability it brings will complement our existing value proposition, whilst its extensive customer base in the medical, energy, rail and automotive sectors will take the Group into new markets. There is broad cultural alignment too, with a clear focus on driving operational excellence to be a reliable partner in delivering customer value in a collaborative and transparent manner.”

AVPE Group was formed earlier this year by the merger of AVPE and Redcliffe Precision, two CNC manufacturing businesses with operations in Bristol and customers throughout the UK, Europe and Asia. The addition of Altec CNC will add a third site in the North East of the UK as well as new capabilities and a diverse customer base, both in the UK and globally.

Advertisement
Marshall RT 2

Paul Lackenby, Managing Director of Altec CNC, said: “I am delighted that Altec CNC has become part of AVPE Group. The combination of our unique offering and the resources of the Group is an exciting development for our customers and employees. I am looking forward to working with teams throughout the business in my new role as COO.”

 

Advertisement
Advanced Navigation LB 1
British Airways and Virgin Atlantic CEOs to speak at Sustainable Skies World Summit 2024

Aerospace

British Airways and Virgin Atlantic CEOs to speak at Sustainable Skies World Summit 2024

28 March 2024

Aviation leaders Shai Weiss, CEO of Virgin Atlantic and Sean Doyle, CEO of British Airways as keynote speakers at the Sustainable Skies World Summit 2024.

Airframe Designs helps to lead additive manufacturing industry body

Aerospace

Airframe Designs helps to lead additive manufacturing industry body

27 March 2024

Airframe Designs has joined a national industry body to help lead the development of additive manufacturing and 3D printing in the UK.

Leonardo secures presence at Bahrain International Airshow

Aerospace Defence Events

Leonardo secures presence at Bahrain International Airshow

26 March 2024

Italian aerospace, defence and security firm, Leonardo has secured its presence at the Bahrain International Airshow for the seventh year.

Made Smarter and tech institutes to demystify digital transformation

Aerospace

Made Smarter and tech institutes to demystify digital transformation

26 March 2024

Made Smarter and leading technology demonstrators have joined forces to demystify digital transformation with a new white paper.

Advertisement
ODU RT 2
Britten-Norman secures new investment

Aerospace

Britten-Norman secures new investment

25 March 2024

Britten Norman has secured new investment from a group of investors led by 4D Capital Partners LLP (“4D”) The new investors are making funds available to Britten-Norman to fund working capital and to drive successful long-term growth.

First disability flying lessons to be launched at Kent airport

Aerospace

First disability flying lessons to be launched at Kent airport

25 March 2024

The UK’s disabled flying charity Aerobility has partnered with Lydd Aero Club in Kent to provide opportunities for lessons and experience flights for people living with disabilities, at Kent airport.

Advertisement
Advanced Navigation RT