SOURCE: AFI
PTC Industries Limited, one of India’s premier manufacturers of high-precision metal components, is excited to announce the acquisition of Trac Precision Solutions Ltd (TPS), a UK-based leader in precision-machined components for the Aerospace, Defence, and Energy sectors. This strategic acquisition marks a significant milestone in PTC’s journey towards global leadership in aerospace and defense manufacturing.
The merger of PTC with TPS creates a seamless, end-to-end value chain, uniting two industry powerhouses whose complementary expertise will redefine standards in manufacturing. PTC, along with its subsidiary Aerolloy Technologies, specializes in producing critical materials and high-performance castings, while TPS excels in delivering precision-machined components ready for immediate assembly. Together, they will provide unmatched solutions to original equipment manufacturers (OEMs) worldwide.
Trac Precision Solutions Ltd has carved a niche in the industry by manufacturing critical components such as High-Pressure and Low-Pressure Turbine Blades, Nozzle Guide Vanes, Heat Shields, and Seal Segments. These components are pivotal for Aero Engines, Industrial Gas Turbines, and sophisticated Defense Systems. TPS’s state-of-the-art infrastructure and commitment to quality have earned them the trust and partnership of global leaders like Rolls-Royce, GE, Siemens, and Safran.
PTC’s CEO, Sachin Agarwal, commented on the acquisition, “This move is not just about expanding our capabilities but also about reinforcing our commitment to excellence and achieving parity with global standards. The acquisition of TPS aligns perfectly with our vision to be a one-stop solution provider in the aerospace and defense sector.”
The synergy between PTC and TPS is expected to yield significant benefits in terms of operational efficiencies, cost savings, and accelerated product development cycles, ultimately leading to superior products and services for clients around the globe.