Add-on Acquisition • Building Materials

Rolls Royce Holdings Acquires Hyper-Therm High Temperature Composites

On May 1, 2013, Rolls Royce Holdings acquired building materials company Hyper-Therm High Temperature Composites

Acquisition Context
  • This is Rolls Royce Holdings’ 1st transaction in the Building Materials sector.
  • This is Rolls Royce Holdings’ 2nd transaction in the United States.
  • This is Rolls Royce Holdings’ 1st transaction in California.

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M&A Deal Summary

Date May 1, 2013
Target Hyper-Therm High Temperature Composites
Sector Building Materials
Buyer(s) Rolls Royce Holdings
Deal Type Add-on Acquisition

Target Company

Hyper-Therm High Temperature Composites

Huntington Beach, California, United States
Hyper-Therm High Temperature Composites, Inc. (Hyper-Therm HTC, Inc.) is a producer of state-of-the-art composite materials, including ceramic matrix composites (CMCs), engineered coatings and thermal-structural components.
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Buyer Overview 1

Buyer

Rolls Royce Holdings

London, United Kingdom

Category Company
Founded 1884
Sector Aerospace
Employees42,400
Revenue 18.9B GBP (2024)
DESCRIPTION
Rolls Royce office in Reston, Virginia.
Rolls Royce office in Reston, Virginia.

Rolls-Royce is a provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy. Rolls-Royce Holdings was founded in 1884 and is based in London, England.


Deal Context for Buyer #
Overall 4 of 5
Sector: Building Materials 1 of 1
Type: Add-on Acquisition 2 of 2
State: California 1 of 1
Country: United States 2 of 2
Year: 2013 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-10 Tidal Generation

Bristol, United Kingdom

Tidal Generation Ltd. is at the forefront in the design, development and manufacture of tidal stream turbines which capture and convert the energy of tidal streams to generate electrical power. TGL’s first 500kWe unit was successfully installed at the European Marine Energy Centre (EMEC) at Orkney in Scotland. It generated and fed into the grid over 250MWh of electricity – enough power to supply the equivalent of 300 homes - averaging 12 hours of operation each day.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-06 Rolls-Royce Energy Gas Turbine Business

United Kingdom

Rolls-Royce Energy's gas turbine and compressor business is a provider of aero-derivative gas turbines.

Sell £785M