Aero Stanrew, which designs and manufactures specialist electronic components for the global aerospace industry, has been shortlisted in two categories in the South West Business Insider Awards.
Twenty-six companies are in the running for seven awards to be handed out at a dinner in November. Aero Stanrew has been shortlisted in the Aerospace/Defence and the hotly contested Manufacturer of the Year categories.
WestBridge Capital funded an £8.5 million MBO at Aero Stanrew in February 2012, enabling the company to pursue ambitious plans for growth.
Guy Davies from WestBridge Capital, said:
“We are delighted that Clive and his team have been recognised in this way and hope they go on to win.
“Aero Stanrew is a very robust business. The directors have strong knowledge and experience of the sector. Emerging markets, particularly in the Far East, are expected to drive future growth in the global civil aerospace market and they fully intend to exploit all the opportunities this presents.
“We’re pleased that our track record for spotting and backing top quality management teams continues.”