Cobham's slip rings and rotating systems business has been acquired by Naxicap Partners
Cobham’s slip rings and rotating systems business has been acquired by Naxicap Partners. The sale is a carve-out from Cobham’s Electrical and Electronic Equipment division.
Cobham’s slip rings and rotating systems business is a leading supplier of critical high-performance slip rings and rotating systems for the aerospace, defense and industrial markets. It operates four specialised and strategically located production facilities in France, USA and Sweden, employing 300 people. The acquisition is a carve-out of Cobham’s electrical and electronic equipment division.
Founded by Sir Alan Cobham in 1934, Cobham is a leading global defense and aerospace company, with approximately 10,000 employees around the world, and operations in North America, Europe, Australia and South Africa. Cobham offers an innovative range of technologies and services to solve challenging problems in commercial, defense and security markets, from deep space to the depths of the ocean. The company has market leading positions in wireless (audio, video and data communications, including satellite communications), defense electronics, air-to-air refueling, aviation services, life support and mission equipment.
Rothschild & Co advised on the sale of this transaction. For further detail please contact Graham Carberry.