Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sun., Apr. 28, 4:39 AM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
Slide #99. Kaman Corporation — Western Fluid Components, Inc.
Acquirer: |
Kaman Corporation (NASDAQ:KAMN) |
Acquiree: |
Western Fluid Components, Inc. |
Details: |
Kaman Corporation (NYSE:KAMN) today announced that its Distribution Segment (Kaman) has signed a definitive agreement to acquire Western Fluid Components, Inc. (Western), to further expand its fluid power position in the Northwest. Western is one of the largest fluid connector distributors in Washington and a full-line distributor for Parker Hannifin's Fluid Connector Group. Headquartered in Everett, Western is a distributor of hydraulic, pneumatic and industrial hose, tubing, fittings plus related accessories. Terms of the sale were not disclosed. |
Kaman is a company that conducts business in the aerospace and defense, medical and industrial markets. Co.'s three segments are: Engineered Products, which includes proprietary aircraft bearings and components, miniature ball bearings, and proprietary spring energized seals, springs and contacts; Precision Products, which includes safe and arming solutions for missile and bomb systems, subcontract helicopter work, restoration, modification and support of its SH-2G Super Seasprite maritime helicopters, as well as manufacture and support of its heavy lift K-MAX® manned helicopter and the K-MAX TITAN unmanned aerial system; and Structures, which includes metallic and composite aerostructures.
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April 28, 2024 4:39 AM Eastern
Hold (2.00 out of 4)
100th percentile
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