Meggitt PLC acquires Precision Micro

Meggitt PLC, the international aerospace, defence and electronics group, has acquired Precision Micro, Europe’s leading high precision, photochemical machining manufacturer. The business will be managed by Meggitt’s Equipment Group division.

John Gobbi has been appointed General Manager with immediate effect, replacing former Managing Director, Anthony Marrett, who will continue to work with the business as a consultant.

Mr Gobbi commented: “The acquisition sits well in the Meggitt portfolio and will open up new opportunities for the Precision Micro business.”