Sale of Aerostructures business and announcement of £40m share buyback programme
Senior plc, an international manufacturer of high technology components and systems, is pleased to announce that it has reached a binding agreement to sell its Aerostructures business to Sullivan Street Partners, a UK-based private equity investor.
The sale of our Aerostructures business reflects our stated strategy to position Senior as a market leading pure play fluid conveyance and thermal management (“FCTM”) business.
The continuing Group will be a high quality, pure play FCTM business:
- Differentiated products, combined with design-rich IP and expert know-how
- Well-positioned for growth, outperforming attractive and structurally resilient end markets
- Structurally higher operating margins
- Sustained profitable growth and lower capital intensity, driving improved returns and enhanced value for shareholders
- Stronger operational cash flow conversion, supporting investment in growth and shareholder returns
Please read the full announcement here
View accompanying presentation slides here
Please click here to see continuing Group factsheet
Please find the recording to the conference call held Friday 18 July 2025 at 8.30am BST here