London, 9 April, 2018 – Assystem Technologies has successfully completed the acquisition of Stirling Dynamics Limited (“Stirling”), and consolidates its position as a global partner of choice for aerospace and marine industry players.
Stirling provides specialist engineering services and active control products for commercial and defense customers in the global aerospace and marine markets. Based in Bristol, the business employs over 90 highly skilled staff. Stirling has been included within the Sunday Times Fast Track 100 for SME Exporters.
The integration of Stirling extends Assystem Technologies’ existing aerospace and marine capabilities, notably in the areas of landing gear, fuel systems and simulation systems. Stirling’s customers will benefit from the extended geographical footprint and global reach offered by Assystem Technologies, in particular overseas. The combination of both businesses also offers opportunities for cross-selling and synergistic integration of support functions and processes.
Stirling will continue to operate with its management structure, under Assystem Technologies.
Olivier Aldrin, CEO of Assystem Technologies, said: “I am delighted to welcome the Stirling team to Assystem Technologies, only a few months after our recent acquisition of SQS.”
Mike Sheehan, Assystem Technologies Managing Director for the UK, said: “Stirling has an excellent reputation for its innovation in the domain of active control systems and associated analysis that will greatly complement our portfolio of aerospace and marine engineering offers. Having Stirling’s world-class experts joining our global teams is great news for our customers, and we look forward to getting them on board.”
Mark Cook, Executive Chairman of Stirling, said: “All the staff of Stirling are delighted to be joining those at Assystem Technologies. Our complementary areas of expertise in aerospace and marine will enable us to have major competitive advantages at a global scale. I look forward to continuing our journey with the broader capabilities of Assystem Technologies.”
Assystem Technologies were advised by Clearwater International (Paul Jones), KPMG (John Moth) and Napthens (Keith Melling).