Icon designs and manufactures custom, highly-engineered polymer components, including engine seals, fabric-reinforced seals, hoses and rubber-to-metal bonding solutions for the aerospace and defense end-markets. Icon products are used on a wide range of aerospace platforms, including all Airbus aerospace platforms, Lockheed Martin F-35 and Bombardier Global 7000. The transaction adds a third AS9100-certified facility for IPS, located in Retford, United Kingdom.
Rich McManus, CEO of IPS, commented, “This acquisition broadens IPS’ design and manufacturing capabilities and will allow us to deliver new, innovative solutions to our customers. We’re excited to work with Icon’s management team and are committed to investing in Icon’s manufacturing capabilities to better serve their existing customers.”
Houlihan Lokey served as financial advisor to IPS in connection with the acquisition.
About Integrated Polymer Solutions
Integrated Polymer Solutions is a leader in designing and engineering elastomeric components and tools for aerospace, military, biopharma and specialty industrial markets. The Company’s products utilize advanced materials designed to exceptionally tight tolerances for high-performance applications. IPS’ products include elastomeric seals, gaskets, tooling, hoses, ablatives, EMI/RFI/thermal shielding products, encapsulated o-rings, and composite APU plenums and ducts.
The Rubbercraft team are looking forward to catching up with customers – and meeting new people – at the forthcoming Paris Air Show exhibition, due to run from 17th June to 23rd June 2019. We’ll be out in full force in the US Pavillion so do drop by to hear about the latest advances from Rubbercraft.
We look forward to seeing you at the show!