Hanover Investors completed the acquisition of Llanelec Precision Engineering

Hanover Investors, an alternative investment firm focused on fundamental investing across private and public equity, completed the acquisition of Llanelec Precision Engineering, a manufacturer of precision-machined components and assemblies for the defence and aerospace sectors. Financial terms were not disclosed. “I am very excited to be partnering with Hanover Investors at this pivotal time for Llanelec. Hanover’s track record of supporting and accelerating the growth of its portfolio companies is well recognised, and we look forward to leveraging their expertise as we continue to expand our business. It is both Hanover’s and Llanelec’s goal to build a leading Defence and Aerospace company in Wales - expanding globally while supporting the local economy,” Spencer John, Llanelec, CEO.