Marand Precision Engineering (“Marand”) has been recognised for its outstanding export achievements at the 57th Australian Export Awards, where it won the award in the category of Manufacturing and Advanced Materials. Marand is a leading global supplier of precision engineered solutions to the defence, aerospace, rail, automotive and mining sectors.
The Australian Export Awards is a national program which recognises remarkable Australian companies that are engaged in international business and have achieved sustainable growth through innovation and commitment. The Awards measure businesses against their peers based on the strength of their international growth, marketing and financial strategies.
The event was hosted by the Minister for Trade, Tourism and Investment, the Hon Simon Birmingham. Senator Birmingham presented the award to CEO Rohan Stocker in the Great Hall at Parliament House Canberra.
“This is wonderful recognition for many years of hard work”, said Rohan Stocker, Marand CEO. “Our company is a proud engineering, manufacturing and sustainment business. We love exporting and connecting internationally to great companies like Lockheed Martin and BAE Systems. We also enjoy being an enabler for export, developing technology and engineering solutions for the likes of Boeing, Rio Tinto, BHP, and Carbon Revolution”.
Marand is the largest Australian supplier on the F-35 Lightning II Joint Strike Fighter (“JSF”) program. It is responsible for building 722 vertical tail sets for the JSF program, and is the global sole source provider of the F-35 engine removal and installation trailer.
“This is a very, very well-deserved recognition for an Australian business that is a real shining star in our defence industry”, said the Hon Melissa Price MP, the Minister for Defence Industry.
Marand was acquired by funds managed by CPE Capital in June 2019. CPE Capital, alongside Marand, is building an integrated precision engineered products, solutions and sustainment company to support the Australian aerospace and defence industry and to better service global customers.
Marand supplies sophisticated engineering solutions to the defence, aerospace, rail, automotive and mining sectors. Its customer base is predominately multinational blue chip organisations including Lockheed Martin, BAE Systems, Boeing, BHP and Rio Tinto, for which it designs and manufactures complex innovative solutions.
About CPE Capital
CPE Capital and its affiliated fund entities have deployed approximately A$3.8 billion of investor commitments since 1987. CPE Capital has one of the largest dedicated private capital teams in Australia and is the most experienced Australian headquartered private capital manager, having made 75 platform investments during its 32 year history. CPE Capital undertakes control buyout transactions, enters into founder partnerships and provides growth investments for mid-market companies in Australasia, including those which possess significant offshore operations or ambitions.
Marand, Business Development Manager
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