SHIMTECH INDUSTRIES Changes Name To AVANTUS AEROSPACE

SANTA CLARITA, Calif., June 16, 2020 /PRNewswire/ -- Effective today, SHIMTECH INDUSTRIES, a group of aerospace manufacturing companies in Europe and North America, will become AVANTUS AEROSPACE. After 50+ years in the industry, AVANTUS companies have evolved to manufacture products beyond shims. Today they boast a wide range of C-class and specialty machined components – fasteners, brackets, shims, detail assemblies and clips – as well as an impressive array of composite and metal bond structures. The Avantus group includes such well-respected companies as Attewell, Lamsco, Bolsan, Fastener Technology Corp. (FTC), Pillar Seals & Gaskets (PSG), Performance Plastics (PPI), Angeles Composites (ACTI), and SDM Composites.

AVANTUS AEROSPACE is owned by Inflexion Private Equity and Auctus Industries, both based in London, with management headquarters, located in Santa Clarita (CA). AVANTUS  has divisions that include five manufacturing facilities in the US, three in Europe and one in Mexico. The group serves a wide variety of aerospace customers in the civil, military and aftermarket sectors, including Boeing, Airbus, Spirit AeroSystems, Lockheed Martin, Northrop Grumman, BAE Systems, Mitsubishi, HondaJet, Collins Aerospace, Bombardier and De Havilland. Each company trades under its own name, but receives Avantus group support with business development, operational excellence, and strategic acquisitions and investments.

Brian Williams, CEO of AVANTUS AEROSPACE, commented: "Our focus has always been on providing detailed parts and composite structures with the highest quality and delivery. Now our customers are seeking a wider variety of these parts, and the AVANTUS name is indicative of our broader capabilities and product offerings. We look forward to continuing to grow and develop our group of businesses in the US and internationally, both organically and through acquisitions."

Inflexion is a leading European mid-market private equity firm, investing in high growth, entrepreneurial businesses with ambitious management teams and working in partnership with them to accelerate growth. Auctus Industries is a specialist investor in aerospace businesses.
Please visit our website to learn more: www.avantusaerospace.com

SOURCE Avantus Aerospace

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