Aegina Technologies Case Study

“Our dreams have been realised,” said Ieva, now Operations Director. “This pivotal move was made possible through the financial support and guidance of Compass Business Finance, in collaboration with Aegina’s long-standing banking partner.”

Aegina Technologies Ltd is a precision engineering company based in Havant, near Portsmouth, on the south coast specialising in the subcontract manufacture of components and assemblies to a wide range of industries, including the Aerospace, Oil & Gas and Underwater sectors.

Founded in 2000 through the acquisition of Xyratex, Aegina has built a reputation for excellence in precision engineering. The management team have subsequently developed a business model specialising in the aerospace, gas & oil and underwater manufacturing sectors.

Under the stewardship of founders Charlie Ralph and Jennifer Copping, Aegina grew steadily from an £800,000 turnover into a £3.2million enterprise. Their vision combined technical expertise with a strong commitment to customer service, building a foundation that allowed Aegina to become a respected name in subcontract manufacturing.

Now in their ‘70s, the owners completed a second management buyout at the end of October 2024 – this time passing the business to trusted long-term employees, Sales Manager, Mick Chalk and Production Control Manager, Ieva Kapteine.

Compass Business Finance helped raise capital for the MBO through a ...