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Moody’s Ratings upgrades Doncasters’ ratings

May 2024 – Moody’s Ratings (Moody’s) have upgraded the corporate family rating (CFR) of precision parts manufacturer Alloy Parent Limited (Doncasters) to B3 from Caa1, as well as its probability of default rating (PDR) to B3-PD from Caa1-PD. Concurrently, Moody’s has withdrawn the Caa1 instrument ratings on the backed senior secured first lien bank credit […]

Doncasters’ new Chief Financial Officer

May 2024 – Doncasters Group has announced the appointment of David Egan as Chief Financial Officer. David has significant international and commercial experience in the industrial sector, building strong teams and adding value to multinational companies, including Pioneer International, Hanson, Alent and RS Group plc. Mike Quinn, CEO, said “David is a seasoned Board and […]

Completion of Transaction and Partial Repayment of PIK Debt

April 2024 – We are pleased to announce the successful closing and funding of a new $500 million senior debt facility that will be used to refinance the Group’s existing loan facilities (the “Transaction”). The $500 million 6-year term loan and $50 million committed delayed draw term loan will enable the Group to repay its […]

Doncasters publishes 2023 ESG report

February 2024 – We are proud to announce that in 2023 Doncasters achieved an overall 8.34% reduction in energy use per kilogram processed, and a 4% reduction in tonnes (t) of carbon dioxide (CO2) in Scope 1 and Scope 2 emissions relative to output. Our ESG report, released today, shows that we are continuing to […]

Work begins on multi-million dollar investment at Groton

August 2023 – Work has begun on a multi-million dollar investment that will double our capability at Doncasters Precision Casting of Groton. Ground has now been broken on the new extension, which will deliver improved parts flow and safety, reduced environmental impact and lead times, and an increased capacity overall that allows the business to […]

Contract worth over $1 billion USD signed with Siemens Energy

August 2023 – We are delighted to announce the signing of a multi-year contract with Siemens Energy, a world-renowned energy technology company. The multi-year agreement, which represents a milestone achievement with an anticipated value exceeding $1 billion USD, covers the supply of complex precision investment castings for Siemens Energy’s gas turbine platforms. Under this contract, […]

Alloy Topco Limited (the Company) – Directorship Change

1 August 2023 Resignation of Group CFO Simon Martle and appointment of Interim Group CFO Alloy Topco Limited announces that Simon Martle, Group Chief Financial Officer (“GCFO”) and director of the Company is leaving the Group with effect from 1 August 2023. We are grateful for the support and hard work Simon has given the […]

Significant contract to expand supply of aerospace parts signed

Doncasters is delighted to announce the signing of an agreement with Safran Aircraft Engines to renew and expand the supply of large superalloy structural castings and hot section air flow castings for the LEAP-1A and LEAP-1B platforms. This contract extension is a reflection of the strong and developing partnership between Doncasters and Safran Aircraft Engines, […]

Doncasters to join 54th Paris Air Show

June 2023 – Doncasters has announced it will attend this year’s Paris Air Show taking place from 19th to 25th June.  Following on from the success of the company’s representation at the Farnborough Air Show in 2022, they are delighted to be presenting their expertise in Paris.  Doncasters has 15 manufacturing sites across three continents, with […]

Doncasters announces £1m connectivity investment

April 2023 – Doncasters has announced a £1m investment to transform connectivity across its European sites. Cloud and managed services company Maintel will implement a Software-defined Wide Area Network (SD-WAN) solution to provide Doncasters with an enhanced level of connectivity that will also provide a new European Meraki Wifi system. The £1m project will be […]

Doncasters publishes 2022 ESG Report

March 2023 – Doncasters has reduced energy consumption by more than 9% in the last year, the new ESG report, published today, has revealed. The report provides details on Doncasters’ sustainability strategy, environmental activities, efforts to address societal challenges, management of its risks and governance. Over the last year, Doncasters has continued to integrate ESG […]

Multi-million pound investment will grow capacity and reduce environmental impact

October 2022, Droitwich Spa, UK –Doncasters has invested £7.2 million to extend Doncasters Precision Castings – Deritend. The extension will deliver great benefits to the business, including improved parts flow and safety, reduced environmental impact and lead times, and an increased capacity overall that allows the business to invest in advanced technology and local talent […]

Moody’s announce upgrades to Doncasters’ ratings

13 September 2022, Burton upon Trent, UK – Doncasters Group has welcomed the rating upgrade of its corporate family rating (CFR) to Caa1 from Caa2, and its probability of default rating to Caa1-PD from Caa2-PD by rating agency Moody’s. In addition, Moody’s has changed the outlook on all of Doncasters’ ratings to stable from positive. […]

Doncasters invests further in aviation future

As the commercial aircraft market bounces back, Doncasters have invested $12.9m in Doncasters Precision Castings of Groton and Doncasters Precision Castings – Deritend.   With post-covid orders from commercial airlines higher than predicted, Doncasters is doubling the capacity of their US operations in Connecticut, and more than doubling production in the shell lines at their UK […]

Doncasters’ deal strengthens group’s future: Uni-Pol Acquisition

Doncasters, has acquired Uni-Pol, a global business specialising in the manufacture of superalloy cast parts. This acquisition places Doncasters amongst the largest manufacturers of high-precision alloy components in the global supply chain, enhancing the future for the group, its employees, and customers.   The precision parts market is expected to reach revenues of $300 billion […]

Doncasters appoints new Vice President – European Operations

1 June 2022 – Doncasters Group has announced the appointment of Indy Rattu as Vice President – European Operations, joining Doncasters on 6th June 2022. Mike Quinn, Doncasters CEO, commented: “On behalf of the Doncasters Board and the senior management team we’d like to warmly welcome Indy into the Doncasters group. “Having worked for many […]

Doncasters Publishes 2021 ESG Report

22 February 2022, Burton upon Trent, UK – Doncasters Group has published its second Environmental, Social and Governance (ESG) Report for the year 2021. This follows an initial report published in 2021 when the business formalised it’s ESG reporting program. Mike Quinn, Doncasters CEO: “During 2021 COVID-19 continued to have a profound effect on how […]

Legal & General agrees second bulk annuity transaction

28 January 2021, UK – Legal & General Assurance Society Limited (“Legal & General”) has today announced that it has agreed to a c£75 million bulk annuity transaction for the Doncasters Section of the Triplex Lloyd Final Salary Plan (“the Plan”), securing the benefits for around 300 deferred members and 800 retirees. You can view […]

Doncasters Signs ERP Contract With Infor

7 January 2021, Burton upon Trent, UK – Doncasters Group, a leading international manufacturer of high-precision alloy components, has selected Infor to support its IT transformation strategy through the implementation of a new ERP solution across its global, multi-site, multi-disciplinary manufacturing organisation. Doncasters has signed a five-year contract with an option to extend a further […]

Doncasters publishes first ESG Report

15 December 2021, Burton upon Trent, Staffordshire, UK – Today, Doncasters Group has published its first Environmental, Social and Governance (ESG) Report. The report highlights the Company’s approach to sustainability as well as specific actions that Doncasters is taking in developing and delivering its environmental, social and governance responsibilities. Mike Quinn, Doncasters’ CEO, commented: “This […]

IVOSTUD purchases welding stud and end-customer business of OBTEC

27 September 2021, Breckerfeld/Menden, Germany – Following a long and intense planning phase, IVOSTUD GmbH has announced the purchase of the welding stud and end-customer business of OBTEC, from OBO Bettermann Group. OBTEC possesses significant expertise and has made a name for itself all over the world as a manufacturer of high-quality fastening elements for both industrial […]

Doncasters Droitwich Site Set For Expansion

17 September 2021, Droitwich Spa, Worcestershire, UK – Doncasters Group, a leading manufacturer of precision alloy components and superalloys, has today announced the latest beneficiary of its £100m capital programme in the form of a c.£7m investment at its Droitwich Spa facility. Doncasters Precision Casting Deritend, based in Droitwich Spa, England, is an investment casting specialist […]

Doncasters Welcomes Credit Rating Upgrade

2 September 2021, Burton upon Trent, UK – Doncasters Group, a UK-headquartered international manufacturer of high-precision alloy components, welcomed the rating upgrade of its PDR and its first-tier loans by rating agency Moody’s. In addition, Moody’s has changed the outlook on all of Doncasters’ ratings to positive, reflecting Moody’s view that the Company’s revenue and […]

New furnace planned for Ross & Catherall

21 June 2021, Killamarsh, Derbyshire, UK – Doncasters Group, a leading manufacturer of high-precision alloy components and superalloys for performance critical applications, has today announced a £multi-million investment at its superalloys manufacturing plant in the UK. Ross & Catherall, based in Killamarsh, near Sheffield, England, is a specialist vacuum melting company producing highly specialised nickel […]

Doncasters Announces Legal Team Leadership Change

28 May 2021, Burton upon Trent, UK – Doncasters Group has announced the appointment of Helen Barrett-Hague as General Counsel and Chief Risk Officer, joining 1 June, as well as the departure of incumbent General Counsel and Group Company Secretary, Ian Molyneux, who has decided to step down from his role and will leave the business during […]

Blog: Turning Metals Into Motion

A New Chapter in the Doncasters Story After a year of change and consolidation at the highest level in the Doncasters business, we are excited to announce the next chapter in our 240-year story. Since March 2020 we have been under a new ownership, with a new Board in place, a renewed ambition for the […]

IVOSTUD And Hanyang Stud Welding Form Strategic Partnership

1 April 2021, Breckerfeld, Germany – IVOSTUD GmbH, the Germany-based international automotive stud-welding specialist, and HANYANG Stud Welding, Inc., Korea’s premier industrial stud welding company, have today announced a new strategic partnership. The new partnership, which takes effect from 1 April 2021, aims to capitalise on the strengths of both businesses and marks the entry […]

Doncasters Invests In Alabama Facility

31 March 2021, Oxford, Alabama, USA – Doncasters, a leading manufacturer of high-precision alloy components and superalloys for the aerospace, energy and automotive sector, has today announced a multi-million-dollar investment at its Southern Tool facility in Oxford, Alabama. The 160,000 sq ft precision casting facility is to benefit from a c.$3.5million capital investment to expand […]

Doncasters looks to the future as the group secures significant investment

7 January 2021 – Burton Upon Trent, UK Doncasters, a leading manufacturer of high-precision alloy components and superalloys, primarily for the aerospace, energy and automotive sectors, today announced a recent growth capital raise from its existing shareholders. The secured funding is the first step in a £100 million plus, multi-year, capital investment program as the […]

New General Manager appointed for Doncasters’ Bochum facility

7 October – Bochum, Germany Doncasters Group has today announced the appointment of Robert Frank as General Manager for it’s precision casting operation in Bochum, North Rhine-Westphalia, Germany, effective 1 November. Robert commented: “I’m delighted to be given the opportunity to lead one of Doncasters Group’s largest facilities. Having already met a number of the […]

Simon Martle appointed Doncasters CFO

1 September 2020 – Burton Upon Trent, UK – Following a brief period as interim chief financial officer (CFO), Doncasters Group is pleased to announce the appointment of Simon Martle on a permanent basis, from 1 September 2020. Mike Quinn, Doncasters’ CEO commented: “I’m delighted that Simon has accepted the permanent CFO role. Since joining us […]

Doncasters appointment targets aerospace market share growth

3 July 2020 – Burton Upon Trent, UK – Doncasters has today announced the appointment of Jason Wood as Sales & Commercial Director for its European region. The appointment bolsters the existing commercial team and represents an acceleration of the company’s strategy of pursuing market share growth opportunities by developing its partnerships with OEMs within the […]

Developing an optimal superalloy for turbochargers

24 April 2020, Sheffield, UK – Superalloys were developed to create components with excellent strength and creep resistance at very high temperatures. One example of this is in the turbine wheel of an automotive supercharger where the hot and corrosive gases involved necessitate a material that carefully balances weight, strength and durability in an environment unsuited […]