ESCO acquired Globe Composite Solutions.

ESCO acquired Globe Composite Solutions, a well-established, vertically integrated supplier of mission-critical composite-based products and solutions for navy, defense, and industrial customers. Financial terms were not disclosed. Vic Richey, ESCO’s Chairman and Chief Executive Officer, commented, “I’m excited to welcome the outstanding and dedicated employees of Globe to our team. We are continually looking to expand our product offerings and gain more content on our existing submarine and defense-related platforms, and by adding the proven capabilities of Globe to our existing product portfolio, we’ve created an additional avenue for meaningful growth across our existing customer base.