Causeway Aero Group has acquired Bristol-based Race Completions
A group made up of ambitious Northern Ireland aerospace firms has made its latest acquisition.
Lisburn-based Causeway Aero has acquired Bristol company Race Completions Ltd. The enterprise was founded in 2016 by firms including Moyola Engineering and Denroy Plastics, in a bid to win bigger aerospace contracts.
It has been in acquisition mode since last year in a bid to expand its offering.
In October it acquired Dundonald company Belfast Aircraft Stress Engineers (BASE), and earlier this year moved into a new 20,000 sq. ft. facility in Lisburn.
Race Completions is the latest to fall under the Causeway wing, strengthening its design and manufacturing capabilities.
The Bristol firm has a background in working directly for the main airframers and supplying bulkheads, stowages, crew rests and various composite structures to the aviation industry.
Its industrial accreditation will allow Causeway to carry out aircraft interiors’ maintenance in the maintenance, repair and overhaul (MRO) sector.
The move will see Race Completions’ managing director Rick Crosby join Causeway Aero.
Crosby said they have built up a tremendous reputation for small batch, short lead time, aero interiors work over the years.
Being part of the Causeway Aero Group gives them the mass production capabilities demanded by many of their existing clients, and the market, he said.
He added that in all his years in aerospace engineering, he has not seen a more experienced team which has been in place from the outset.
Causeway’s capabilities and infrastructure are second to none and it’s apparent that their new manufacturing facility in Lisburn gives them true mass production capability, he said.
CEO of Causeway Aero, Michael Rice said that they are delighted to make this announcement. He said Race Completions is located in the midst of the aerospace sector in Bristol and gives Causeway a strong presence where the likes of Airbus is situated.
Causeway has already secured a multi-million pound deal to make seats for Pitch Aircraft Seating Systems.
Last year it sealed a similar sized train contract in Europe, believed to be with Bombardier Transportation.