Ontic Acquires Triumph Group's Staverton Facility and Legacy Product Lines

October 1, 2021

Ontic has purchased the Staverton facility and licensed certain legacy product lines from Triumph Group, expanding its UK manufacturing and aftermarket capabilities. The deal transfers the existing facility, select product lines and more than 90 employees to Ontic to support military, civil and marine platforms.

Buyers
Ontic
Targets
Staverton facility (Triumph Group)
Sellers
Triumph Group
Location
Gloucestershire, United Kingdom
Transaction Type
Divestiture

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