PTC Industries Acquires UK-Based Trac Precision Solutions to Expand Global Capabilities!

PTC Industries, a leader in high-precision metal components for critical applications, has acquired 100% ownership of Trac Precision Solutions (TSPL), a UK-based manufacturer specializing in precision-machined components for the aerospace, defense, and power generation industries. Headquartered in Crewe, UK, Trac Precision Solutions is renowned for producing high-value components, including turbine blades, nozzle guide vanes, and heat shields.

This acquisition marks a significant milestone for PTC Industries, enabling the company to offer integrated solutionsranging from material development to precision machining. The combined capabilities will cater to global OEMs such as Rolls Royce, Safran, GE, and Siemens.

Sachin Agarwal, Chairman and Managing Director of PTC Industries, highlighted the strategic value of the acquisition:
“This strengthens our global position by combining Trac’s expertise with our existing capabilities. Together, we will deliver unparalleled value to our customers with a fully integrated supply chain.”

Trac Precision Solutions’ operations align seamlessly with Aerolloy Technologies, PTC’s subsidiary specializing in titanium and superalloy castings for aerospace and defense. The collaboration promises to enhance innovation and efficiency, driving sustainable practices and expanding market reach.

Liam Bevington, Managing Director of Trac Precision Solutions, remarked:
“This partnership opens new opportunities for growth and innovation, allowing us to deliver even greater value to our customers through combined expertise and a commitment to sustainability.”

Founded in 2003, Trac Precision Solutions has built a robust reputation for exceptional quality and advanced machining capabilities. The company has made significant strides since its acquisition by Rcapital in 2022, securing long-term partnerships and expanding its technological expertise.

In the last financial year, Trac reported revenues of £24.8 million, reflecting its strong market presence and commitment to precision manufacturing. The company continues to focus on sustainability, innovation, and meeting the evolving demands of its global customers.

With a legacy rooted in innovation and quality, PTC Industries specializes in high-precision metal components for critical applications across aerospace, defense, and industrial sectors. The acquisition of Trac Precision Solutions reinforces PTC’s position as a global leader in precision engineering, enabling it to deliver advanced, sustainable solutions tailored to the stringent requirements of its international clientele.

This strategic move not only enhances PTC’s global footprint but also underscores its dedication to advancing innovation and sustainability in critical sectors worldwide.