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ASDAM, an Australian defence and advanced manufacturing company owned by CPE Capital, acquired Levett Engineering, a precision component manufacturer for aerospace and defence. Levett will join the ASDAM group alongside Marand Precision Engineering.
“The acquisition by CPE Capital’s Australian defence portfolio company will provide the capacity and capability to better service our existing clients in the Joint Strike Fighter Program, and create the platform to service new clients in different domains and programs.”australianmanufacturing.com.au
Summarized from public sources; check the original articles before acting on it.