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The business will now trade under the Zenix Aerospace brand, a new, standalone group.

Based in the UK, Admiral Group is a financial services company.

As part of the deal, existing investor Viasat will divest its minority stake.

Founder and CEO Andrei Bojiță will retain a significant minority stake and continue to lead the business.

Avantis provides specialist engineering services to the maritime and energy industries.

Tescan is a manufacturer of electron microscopes and advanced scientific and analytical instruments.

Interpath is an international financial advisory firm.

WCCTV is a full-service leasing provider of managed re-deployable video surveillance assets.

Glas is a global provider of loan administration and bond trustee services.