London law firm Wedlake Bell LLP advised Cosworth Group Holdings Limited, the world-renowned performance engineering group, on the sale of Adaero Precision Components Limited to Indutrade UK, part of Indutrade AB.
Adaero is a specialist manufacturer of high precision components, supplying equipment and instrument manufacturers in the medical, optical, defence, laser and hydraulic industries.
Christopher Tite led the Wedlake Bell team which included Rebecca Patrickson, Hilary Platt and Michael Sinha. Christopher commented "We are delighted to have worked with Cosworth on its sale of Adaero in order to focus on its strategic goal of growing and developing its core business".
Following the sale of Adaero, Hal Reisiger, CEO of Cosworth, said: