Swedish company Mangohojden AB has acquired Slingsby Advanced Composites Limited, a North Yorkshire-based supplier of complex composite structures to the aerospace and defence sector, from Marshall Group.
The acquisition is part of Mangohojden’s broader strategy to build a group of European aerospace and defence businesses, in response to growing industry demand and the need to strengthen supply chain resilience across the continent.
Mackrell LLP advised Mangohojden. The transaction was led by Maung Aye, joint head of corporate and commercial and Harriet Jones, senior associate in the corporate and commercial team, with specialist support from colleagues across Mackrell LLP.
Commenting on the transaction, Maung said: “We are delighted to have advised Mangohojden on this latest acquisition. This is a strong strategic fit for our client and significantly enhances its presence in the defence and aerospace sector.”
Harriet Jones added: “It has been a pleasure to work alongside our client and their advisory team on this cross-border transaction. The acquisition marks an exciting step for Mangohojden, creating new opportunities in both the UK and European markets.”
