Aerospace Approvals News

ThyssenKrupp Acquires Waterjet Business Activities

ThyssenKrupp Aerospace, via its U.K. subsidiary, has acquired the business activities of The Waterjet Group, based in Darton, South Yorkshire/U.K. The closing took place on July 31, 2013. The parties have agreed not to disclose the purchase price. The Waterjet Group (around 40 employees) was established in 2002 and is a U.K. waterjet cutting company for the aerospace industry. The company has several waterjets and related value add equipment, a large number of aerospace approvals and to a smaller extent also serves other high-tech industries, including the medical technology sector. The Waterjet Group operates out of a site near Leeds. With its equipment the company is able to process a wide range of materials and sizes for the European and international customer base.