Precision Micro acquired by Meggitt plc

precision micro logo

Clearwater Advisor

Press Release

Precision Micro, based in Erdington, Birmingham, manufactures specialist metal components for technology-focused organisations in a range of sectors, including aerospace, automotive and energy. The firm has annual sales of around £13 million and a blue-chip customer base. Meggitt, an existing customer of Precision Micro, is a FTSE 100 global engineering group that specialises in extreme environment components and smart subsystems for civil aerospace, military and energy markets. The business employs over 10,000 staff globally, with its head office based in Christchurch, Dorset, and manufacturing facilities in Asia, Europe and North America, as well as regional bases in Brazil and India.

“Precision Micro is growing sales in a highlyspecialised area. In recent years it has enjoyed sustained organic growth in both the UK and in overseas markets, particularly in Europe.”

Jon Hustler, Partner, Clearwater International