Private investor Rcapital has completed the acquisition of aerospace and defence engineering business, FGP Group. The deal will protect over 200 jobs in Dorset. FGP Group comprises Weymouth-based FGP Systems Ltd, a precision engineering business which provides tight-tolerance machining, turning and fabrication services to blue-chip aerospace and defence customers, and FGP Lufton Ltd, which is based in Yeovil and manufactures a portfolio of parts for the aerospace sector. The group also includes a successful surface treatment and coating business, Ramp Surface Coatings.
For further information www.rcapital.co.uk