Pursuit Aerospace Completes Strategic Acquisitions

10.18.2024
Manufacturing

Aerospace components manufacturer Pursuit Aerospace has completed strategic acquisitions of two manufacturing companies.

Eastford-based Pursuit acquired Arizona manufacturer Prescott Precision Die, Inc. and the British firm Merc Aerospace Ltd.

“We are thrilled to welcome the Prescott and Merc teams to Pursuit Aerospace,” Pursuit CEO Doug Folsom said in an Oct. 7 statement.

“These acquisitions bring complementary capabilities and broaden Pursuit’s geographic presence in the Southwestern U.S. and in the U.K.”

“These acquisitions bring complementary capabilities and broaden Pursuit’s geographic presence.”

Pursuit Aerospace’s Doug Folsom

Founded in 1984, Prescott Precision makes tight tolerance turbine engine components for the aerospace and defense industries.

Prescott’s advanced machining capabilities are supported by a wide range of services including heat treat and non-destructive testing.

“I chose to partner with Pursuit due to their unwavering focus on customer service, their respect for employees and their desire for continuous improvement,” said Prescott president and owner Dane O’Brien.

Based in Pendle, Lancashire, and founded in 1970, Merc provides precision machining services for the aerospace, defense, and power generation industries.

“We have witnessed firsthand Pursuit’s unwavering focus on quality and service over the years, making our decision to join the Pursuit family easy,” said Merc managing director and owner Richard Meade.

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