# CHAMP Private Equity acquires majority stake in Marand Precision Engineering

CHAMP Private Equity has bought a majority stake in Marand Precision Engineering, a Victoria-based precision-engineering company and supplier to the F-35 Joint Strike Fighter Program. Financial details were not disclosed.

- Type: Acquisition
- Announced: 2019-04-22
- Where: Victoria, Australia
- Status: announced
- Products: precision-engineered parts, fighter-jet parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Marand Precision Engineering](https://endata.com/companies/29616.md) (target)
- [CHAMP Private Equity](https://endata.com/companies/38878.md) (acquirer)

## Sources

- [thelawyermag.com](https://www.thelawyermag.com/au/news/general/gadens-acts-as-private-equity-firm-makes-rare-investment/206862), 2019-04-22: "CHAMP is understood to have invested in the Victoria-based company alongside Marand’s founding family."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.