Precision Micro: engineering a carve out

Precision Micro is Europe’s market-leading photo-chemical etching supplier, with roots dating back to the early 1900s.

Precision Micro is one of the world’s largest chemical etching companies, manufacturing more than 60m high-precision metal components each year from safety and mission-critical automotive and aerospace parts to life-saving medical implants.

Operating from its state-of-the-art processing plant in Birmingham, it supplies leading international companies in the UK, USA, Europe, and more than 30 other countries worldwide.

Significant buyout

In April 2018, LDC backed the £22.5m management buyout of Precision Micro from global aerospace, defence and energy group Meggitt plc.

Our partnership with Precision Micro won SME Deal of the Year at the Midlands Dealmaker Awards later that year.

Embedding environmental improvements

Through its partnership with LDC, Precision Micro continues to drive forward its organic growth alongside its ESG commitments.

In 2023, Precision Micro announced a series of environmental improvements, highlighted in the release of its first ESG Impact report.  Reducing its total waste by 45%, increasing its waste material recycling to 98% and energy used from renewable sources is 100% are some of the wins they are reporting.

The business also invested £1.8m to expand its manufacturing capacity and support its journey to net zero with the addition of a second etch room at its Fort Dunlop-based site in Birmingham.

This will enable Precision Micro to meet global demand for next-generation energy technologies such as hydrogen production and storage, green energy buffering and electric and hydrogen vehicles. Precision Micro has also worked with suppliers to ensure all new equipment has been developed in line with its ESG strategy, automating many parts of the manufacturing process and using less power to achieve the same consistent results.