STAG Group acquires Race Completions
Above: Neville French - STAG Group distribution manager (left) welcomes Rick Crosby - MD Race Completions (right) to the Group.
The purchase extends the Group’s Cabin Interiors Division’s capabilities into design, manufacture and repair services for both the budget carrier and VIP cabin interiors markets.
Investment from the STAG Group will support aircraft interiors development innovations that will bring new generation, lightweight products to market.
Race Completions has over 25 years’ experience in the design and supply of aircraft cabin interiors and an established client base including Agusta Westland, Icelandair, Transero and Monarch.
The business combines understanding of the aerospace market’s requirements and regulations with design and manufacturing capability. With expertise in metal, machined / vacuum formed plastics and upholstery, products include new and refurbished cabin units including wardrobes, dividers, galleys, first aid compartments and seats. The company is certified to CAA parts 21G and 145.
Rick Crosby, former MD of Race Completions Ltd who takes the position of Unit Director, comments on the significance of joining the STAG Group: “I am delighted that we have been acquired by the STAG Group as there is enormous synergy between the two companies and an understanding of our vision by the Group’s management.
"I believe there is huge opportunity to replace the phenolic composites traditionally used in cabin interiors with vacuum formed plastic units: this will not only save weight and cost, but open up new and exciting design possibilities. The STAG Group will provide the necessary investment to exploit this and other advancements for the cabin interiors industry.
“I will continue to work with the Group and develop our vision to change the way in which interiors look and operate by replacing conventional materials with well-designed vacuum formed plastic components. I think the industry has been slow in recognising the cost, weight saving and aesthetic improvements these materials can bring and, with the backing of the STAG Group, we have the opportunity to develop these solutions.”
Other manufacturers represented by the STAG Cabin Interiors Division include: LORD, Actron Manufacturing, Crescent Manufacturing, Davies Aircraft Products, Parasol Aviation, Saint Louis Designs, Wollsdorf Leather and the Young Engineers.
