PTC Industries, a leading manufacturer of high-precision metal components for critical applications, has completed the acquisition of 100% ownership in Trac Precision Solutions (TSPL), a UK-based provider of precision-machined components. Trac Precision Solutions, headquartered in Crewe, UK, caters to the aerospace, defense, and power generation industries, specializing in high-value components such as turbine blades, nozzle guide vanes, and heat shields.
This acquisition bolsters PTC Industries’ capabilities, enabling it to provide integrated solutions ranging from material development to precision machining for global OEMs like Rolls Royce, Safran, GE, and Siemens. Commenting on the development, Sachin Agarwal, Chairman and Managing Director of PTC Industries, said, “This acquisition strengthens our global position by combining Trac’s expertise with our existing capabilities. Together, we will deliver unparalleled value to our customers with a fully integrated supply chain.”
Trac Precision Solutions’ operations align with Aerolloy Technologies, a PTC subsidiary specializing in titanium and superalloy castings for aerospace and defense. Liam Bevington, Managing Director of Trac Precision Solutions, remarked, “This partnership opens new opportunities for growth and innovation, allowing us to deliver even greater value to our customers through combined expertise and a commitment to sustainability.” This strategic acquisition supports PTC Industries’ vision of advancing innovation and sustainability in critical sectors globally.
Trac Precision Solutions Ltd, headquartered in the UK, is a renowned manufacturer specializing in high-performance turbine blades, vanes, and other critical components for the aerospace, defense, and energy sectors. Established in 2003, the company has earned a strong reputation for its exceptional quality and advanced machining capabilities. Since its acquisition by Rcapital in 2022 from Chromalloy Corporation, Trac has undergone substantial operational and technological advancements, securing long-term partnerships with leading clients and expanding its machining expertise.
In the last financial year, Trac reported revenues of £24.8 million, reflecting its robust market presence. With a commitment to sustainability, precision, and continuous innovation, the company is dedicated to meeting the evolving demands of its global customers, reinforcing its position as a trusted partner in high-performance component manufacturing.
PTC Industries Limited is a prominent manufacturer of high-precision metal components designed for critical applications across aerospace, defense, and industrial sectors. With a rich legacy rooted in innovation and quality, PTC has established itself as a pioneer in advanced manufacturing technologies. The company consistently delivers exceptional products tailored to meet the stringent requirements of its global clientele, cementing its reputation as a trusted partner in precision engineering.
