Summary
KBS Corporate has advised on the sale of C & F Millier, a long-established manufacturer of high-precision components for the aviation and defence industry, to Corvero Group. This acquisition represents Corvero Group's inaugural step in its strategy to consolidate and enhance UK precision manufacturing capabilities.
Summary of transaction details:
- Value: Not disclosed
- Sector: Aerospace & Defence (A&D) Manufacturing
- Advisor: KBS Corporate
- Key Entities: Target: C & F Millier; Acquirer: Corvero Group (part of Ansor LLP investment portfolio)
- Location: Bristol, UK (Filton Enterprise Area)
Note: This strategic acquisition by Corvero Group is aimed at building a unified strategic partner for the global A&D industry by investing in and advancing best-in-class UK manufacturing capability. C & F Millier's established reputation and location in Bristol make it a significant first step in this consolidation effort, providing strategic backing and investment for future growth.
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