# PTC Industries to acquire UK's Trac Precision Solutions

PTC Industries entered into a Share Purchase Agreement on October 18, 2024, to acquire 100% shareholding of UK-based Trac Precision Solutions, a precision-engineered components supplier for aviation, defense, and power generation markets. The acquisition is subject to UK National Security and Investment Act approval.

- Type: Acquisition
- Announced: 2024-10-18
- Where: Crewe, UK, United Kingdom
- Status: announced
- Products: precision-engineered components for aviation, defense, and power generation
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [PTC Industries](https://endata.com/companies/58987.md) (acquirer)
- [Trac Precision Solutions](https://endata.com/companies/80522.md) (target)
- [Trac Holdings](https://endata.com/companies/81439.md) (target)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/market/stocks/ptc-industries-to-acquire-uks-trac-precision-solutions-through-100-shareholding-deal-19495568.htm), 2024-10-19: "PTC Industries Ltd, a manufacturer specialising in high-quality, high-precision metal components for critical and supercritical applications, on Saturday said it has entered into a Share Purchase Agreement to acquire 100% shareholding of Trac Precision Solutions Ltd."
- [machinist.in](https://machinist.in/2024/12/ptc-industries-finalizes-acquisition-of-uk-based-trac-precision-solutions/), 2024-12-01: "PTC Industries Limited has completed the acquisition of Trac Holdings Limited, which fully owns Trac Precision Solutions Limited."

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