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Announced

Rcapital to acquire Trac Precision Machining from Sequa.

Synopsis

Rcapital, a private equity firm, agreed to acquire Trac Precision Machining, an aerospace company, from Sequa, an aerospace and aeroderivative aftermarket company. Financial terms were not disclosed. "The acquisition of Trac UK by Rcapital provides the opportunity to further develop and grow the business. The team at Rcapital has the expertise to help us build on the strong foundations and ensure the business has an even brighter future," Liam Bevington, Trac Precision Managing Director.

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