Causeway Aero acquires Race Completions Ltd

AMMay19News - causeway
AMMay19News - causeway

Lisburn company, Causeway Aero has acquired the Bristol firm, Race Completions adding to its design and manufacture capabilities as well as its portfolio of aerospace approvals.

This further bolsters Causeway’s capability with the addition of the EASA Part 21 subpart G, which gives the Causeway Aero Group approval to manufacture aircraft parts and appliances in conformity with approved data, and EASA Part 145, allowing Causeway to carry out Aircraft Interiors’ maintenance in the MRO sector. Race Completions’ extensive experience includes working directly for the main airframers and supplying bulkheads, stowages, crew rests and miscellaneous composite structures to the aviation industry.

Rick Crosby, managing director of Race Completions, will be joining the Causeway Aero team. With his 30 years’ experience in the aerospace industry he will be a tremendous addition.

Commenting on the acquisition, Crosby said: “Race Completions has built up a tremendous reputation for small batch, short lead time, aero interiors work over the years. Being part of the Causeway Aero Group gives us now the mass production capabilities demanded by many of our existing clients, and the market.

“In all my years in aerospace engineering, I’ve not seen a more experienced team which has been in place from the outset. Causeway’s capabilities and infrastructure are second to none and its apparent that their new Lissue manufacturing facility in Lisburn gives them true mass production capability. This is a great fit for Race Completions and I look forward to the future with this impressive team and company.”

Michael Rice, CEO of Causeway Aero commented: “We are delighted to make this announcement. Race Completions is located in the midst of the aerospace sector in Bristol and gives Causeway a strong presence where the likes of Airbus is situated. We have been working with Rick for many months now and he will be a great addition to the team; Race brings with it a wealth of expertise particularly across design, manufacturing and maintenance.

“Causeway has built rapidly from its tremendous heritage as a leading aero engineering company. In the last nine months we have expanded our in-house design, stress, certification and technical publications capabilities with world-class quality management, procurement, sub-contract manufacture and assembly capabilities so that we can provide our customers a full engineering and production solution.

“Adding EASA 21 subpart G and EASA 145 certifications, is another huge step forward for Causeway Aero giving our customers the full circle Aero Integrator solution as a turnkey cabin interiors and airframes structure solutions provider.

“These capabilities and certifications are backed up with our new state-of-the-art ERP and various management tools. Investing in the correct systems has been instrumental to our success and growth to date and adding Race Completions to our company will significantly enhance Causeway Aero. The future is bright.”

The acquisition was managed by Lauren McGarry of Keystone Law (NI), Charlie Kerlin of Grant Thornton and Caroline Keenan of ASM.

https://causeway.aero

 

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