RSM UK advises on Swift Aerospace sale to Clarendon Specialty

Core Insights - RSM UK has facilitated the sale of Swift Aerospace to Clarendon Specialty Fasteners, a subsidiary of Diploma, enhancing the supply chain in the aerospace sector [1][4] - Swift Aerospace has over 30 years of experience in distributing specialized fasteners and hardware internationally, primarily serving original equipment manufacturers [1][2] - The acquisition aims to broaden the product portfolio, improve supply-chain stability, and expand international service capabilities [4] Company Overview - Swift Aerospace operates in the UK, Europe, and Asia, focusing on hard-to-source components for the aerospace industry [2] - Clarendon Specialty Fasteners, located in Royal Wootton Bassett, provides fastening systems to various industries, including aerospace, defense, and motorsport [3] - Diploma, the parent company of Clarendon, is listed on the FTSE 100 Index and employs 3,400 people across 17 businesses in multiple regions, including the US, Canada, UK, Europe, and Australia [4] Transaction Details - The advisory role for the transaction was led by RSM UK's deal services team, which included Ian Wherry, David Rowlinson, Grace Cox, Tom Faulks, and Lewis Dyer [5] - The integration of Swift Aerospace into Clarendon and the Diploma group is expected to create a robust platform for future growth in the aerospace market [5][6]