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Marshall Group Merging Aerospace, Land Systems Businesses

Oct. 25, 2012 - 07:36AM   |  
By ANDREW CHUTER   |   Comments
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Britain’s Marshall Group is merging its aerospace and land systems operations in a move it hopes will give the combined business greater presence in domestic and international markets.

The combined Marshall Aerospace and Marshall Land Systems operations will create a business with a turnover in the region of 330 million pounds ($527 million) and more than 1,800 employees at its Cambridge, U.K., base and elsewhere.

The merger is part of ongoing efforts to improve the fortunes of the family-owned businesses’ aerospace and defense sector activities.

Recent years have seen the aerospace business appoint a number of new senior executives, initiate an acquisitions strategy with the purchase of Slingsby Advanced Composites, and place greater emphasis on export markets.

The company said in a statement that bringing the two businesses together will result in a much larger footprint in national and international markets.

Marshall’s aerospace business is best known for its deep maintenance and upgrade work on C-130 Hercules transporters for British and other air forces.

The Land Systems’ capabilities include design and production of protected workshops, deployable hospitals and other specialized systems and vehicles.

Marshall Aerospace Chief Executive Steve Fitz-Gerald will head up the new business when it launches Jan. 1.

Fitz-Gerald said the merged company will, “from a business capabilities perspective, be greater than the sum of its parts.”

Overall, the Marshall Group has a turnover in excess of 1 billion pounds. Much of the revenue is generated by a large automobile retail business.

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