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Arlington Capital Partners Portfolio Company MB Aerospace Continues Global Expansion with the Acquisition of Norbert Industries

WASHINGTON, DC, April 1, 2014 – MB Aerospace Holdings Limited (“MB Aerospace”), a portfolio company of Arlington Capital Partners and LDC, announced the acquisition of Norbert Industries (“Norbert”), a multi-national aero-engine component manufacturing business. Based in Sterling Heights, Michigan, Norbert is a leading provider of precision machined and assembled components for the commercial and military aero-engine markets. Norbert operates facilities in the United States and Poland. Pro forma for the Norbert acquisition, MB Aerospace will have nearly 900 employees and support over 60 OEM platforms across the commercial aerospace, military aerospace and industrial gas turbine end markets.

Craig Gallagher, Chief Executive Officer of MB Aerospace states, “With its well-invested manufacturing facilities and deep customer relationships in North America, alongside its highly developed engineering resources in Poland, the Norbert business is an opportunity of vast potential to support the growth ambitions for MB Aerospace as a whole. This acquisition will also enable us to continue building an efficient and customer service-led organization to serve our OEM customers as they continue to grow, and we remain active in pursuing additional acquisition opportunities that complement our overall strategy.”

“The Norbert teams here in Sterling Heights, Michigan, USA and in Rzeszów, Poland are thrilled to join MB Aerospace. This deal will harness the skills and capabilities of the teams across our combined businesses so that we can provide customers with a wider service offering. Similarly Norbert can benefit further from the industry knowledge and the financial backing that MB Aerospace brings with it to invest further in the business,” said Kevan Johnston, President of Norbert Industries.

Peter Manos, a Managing Partner at Arlington Capital Partners commented, “We are excited about how well the Norbert acquisition fits our strategy of building the leading global supplier of precision components to each of the large aero engine and IGT OEMs. In particular, the newly acquired manufacturing presence in Poland will provide MB Aerospace’s customer base with unmatched access to lower cost manufacturing and engineering capacity within a unique highly attractive aero engine manufacturing community.” Jesse Liu, a Principal at Arlington Capital Partners added, “The Norbert acquisition is yet another example of MB Aerospace’s ability to consistently deliver differentiated solutions that are well aligned with the strategic goals of its customer base, and we look forward to continuing to support the company’s expansion.”

MB Aerospace
MB Aerospace is an international aerospace engineering group providing complex precision components to the leading names in the aerospace and defense market. The group provides an in-depth knowledge of critical manufacturing technologies and global supply chain management to support complex aero-engine component manufacture and repair. MB Aerospace supports major corporations to address the root causes of under-performance in their extended and fragmented supply chains and helps safe-guard the continuity of supply in challenging circumstances. Since the management buyout in 2007 led by Craig Gallagher, the Company has secured strategic remits with a number of key aerospace and defense companies, completed the divestment of the group’s non-core operations and positioned the group to serve all key aero-engine OEM’s through strategic acquisitions in North America and around the world. For more information please visit www.mbaerospace.com

Contact:
Craig Gallagher
MB Aerospace Holdings Limited
Logans Road
Motherwell
ML1 3NP
United Kingdom
+44 (0)1698 242405

About Arlington Capital Partners:
Arlington Capital Partners is a Washington, D.C.-based private equity firm with $1.5 billion of committed capital focused on middle market investment opportunities in growth industries including: aerospace/defense, government services and software, healthcare services, business services, education and training. The firm’s professionals and network have a unique combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. For more information please visit www.arlingtoncap.com
Contact: Peter Manos
Arlington Capital Partners
5425 Wisconsin Avenue, Suite 200
Chevy Chase, MD 20815
(202) 337-7500

SOURCE: Arlington Capital Partners