Composites manufacturer Quickstep’s Chairman Patrick Largier has left the way open for the company to come to terms with the local conglomerate of defence SMEs, ASDAM Group, which is bidding to take over the company. Largier told the company’s AGM that the company’s board and its advisers were studying the offer. Largier said: “Quickstep’s board…
Shares in aerospace composites manufacturer Quickstep increased 94 percent today to reach 38 cents on news of a takeover offer that would see the company join an expanding and market leading group of defence suppliers majority owned by CPE Capital. CPE Capital is a highly experienced provider of development capital to medium sized growth businesses…
Long servicing CEO and Managing Director and board member Mark Burgess is to leave composites manufacturer Quickstep to pursue other opportunities, according to the Sydney company. The company’s Chief Operating Officer Demi Stefanova will assume the role of Interim Chief Executive Officer, effective immediately. The Chair of Quickstep Patrick Largier said: “The evolving aerospace market…
