# ASDAM acquires aerospace component manufacturer Levett Engineering

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.

- Type: Acquisition
- Announced: 2019-11-05
- Where: Adelaide, South Australia, Australia
- Status: completed
- Products: precision machined components for aerospace and defence
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ASDAM](https://endata.com/companies/43100.md) (acquirer)
- [Levett Engineering](https://endata.com/companies/43101.md) (target)
- [CPE Capital](https://endata.com/companies/43102.md) (investor)

## Sources

- [australianmanufacturing.com.au](https://www.australianmanufacturing.com.au/asdam-acquires-aerospace-component-manufacturer-levett-engineering/), 2019-11-04: "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."

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