Meggitt completes acquisition of advanced composites businesses

Meggitt completes acquisition of the advanced composites businesses of Cobham plc.

Further to the announcement made on 10 August 2015, Meggitt confirms that the acquisition of the advanced composites businesses of Cobham plc (Cobham Advanced Composites Limited, Compass Composites Products Inc and certain assets of Cobham Advanced Electronic Solutions Inc) for $US 200 million in cash has now received all necessary approvals and the transaction has been completed.

The acquired businesses will be integrated into Meggitt's polymers and composites division.