The acquisition will provide RP Aero Systems with a greater range of financial and technical resources to develop new products, as well as broaden the company's geographical reach. RP Aero systems will also gain access to the EDM Group's In-Service Support department, which will enable the business to offer new, worldwide support services to clients. The company will retain its existing brand and will continue to operate its manufacturing and customer support services from its Littlehampton headquarters.
DWF's National Head of Corporate Frank Shephard led on the legal aspects of the transaction alongside senior associate Darren Ormsby and solicitor Rebecca Gargary.
Frank Shephard said: "We are pleased to have been able to work closely with EDM on this acquisition, which has resulted in a very valuable addition to the group's portfolio and brand. The existing EDM platform, combined with RP Aero's established reputation in the sector, will open up significant opportunities for the businesses and their clients, and we look forward to seeing their next phase of growth."