Senior plc is the

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

for a global group of firms in the

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...

and

engineering Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more speciali ...

industries, headquartered in

Rickmansworth Rickmansworth () is a town in southwest Hertfordshire, England, about northwest of central London and inside the perimeter of the M25 motorway. The town is mainly to the north of the Grand Union Canal (formerly the Grand Junction Canal) and th ...

, England. The Company is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

History

Senior was originally established in 1933 by a group of former employees of Green's Economisers Ltd. as a rival concern. The company was listed on the

as Senior Economisers Limited in 1947. It acquired GAMFG Precision LLC, a manufacturer of machined components and assemblies for the off-road land vehicle and aerospace markets, for US$45.0 million in 2012. It then bought Atlas Composites, a manufacturer of composite structures and tooling in 2013. It also bought Thermal Engineering, a supplier of high temperature lightweight aerospace components, for £22 million in 2013. It bought Upeca Technologies, a

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federal constitutional monarchy consists of thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Mal ...

n-based manufacturer of high-precision engineered components serving the aerospace and energy sectors, in 2014. It acquired Lymington Precision Engineering, a manufacturer of precision-machined components, fabrications, assemblies and kit sets, for a minimum of £45.8 million in 2015. It also bought Steico Industries, a manufacturer of precision tube and duct assemblies for the commercial and defence aerospace industries, for £59 million in 2015. In June 2021 the company rejected a $1.2 billion buyout offer from US private-equity firm Lone Star.

Operations

Senior's constituent companies are grouped in two divisions: Aerospace, which manufactures components and systems for clients in the

aerospace industry Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astron ...

; and Flexonics, which primarily supplies the automotive and

energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of ...

industries.

Financial information

Financial results have been as follows: Note: Accounts to 2003 prepared according to United Kingdom

Generally Accepted Accounting Principles Publicly traded companies typically are subject to rigorous standards. Small and midsized businesses often follow more simplified standards, plus any specific disclosures required by their specific lenders and shareholders. Some firms operate on th ...

. Accounts from 2004 onwards prepared according to

International Financial Reporting Standards International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's f ...

References

External links

Official website
{{Authority control Companies based in Three Rivers District Holding companies established in 1933 Manufacturing companies of the United Kingdom Companies listed on the London Stock Exchange Manufacturing companies established in 1933 1933 establishments in England British companies established in 1933