Tagaerospace group

Airbus and BAE Systems supplier bought by Italian aerospace group

By Marta Lopez
In Business
2 Min Read
A

A Gloucestershire manufacturing group that supplies components to aerospace and defence giants such as Airbus and BAE Systems has been acquired by an Italian multinational. Five Valleys Aerospace – a holding company of two businesses Nu-Pro and Stanmar – has been bought by Magnaghi Aeronautica Group (MA Group) for an undisclosed sum. Stroud-based Nu-Pro provides metal finishing services while...

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