Cobham, the acquisitive UK aerospace group, has continued its growth with an agreement to buy Westwind Air Bearings for £75 million ($116 million). Westwind, based in Poole, Dorset, has been growing strongly and is forecasting operating profits of £8 million on rising sales of £25.8 million for 1995. Cobham, formally the FR Group, will largely finance the acquisition through a £58 million share issue.

Source: Flight International