Arlington Capital to acquire Firth Rixson Forgings from Arconic.

Arlington Capital Partners, a private equity firm, agreed to acquire Firth Rixson Forgings, a provider of complex closed die forgings and forged discs and proprietary forward-and-backward extrusion produced shafts and cylinders, from Arconic, a company specializing in lightweight metals engineering and manufacturing. Financial terms were not disclosed. Going forward, the business will operate as part of Forged Solutions Group, which was formed in November 2019 by Arlington Capital as its aerospace forging platform. “We are excited to partner with a veteran aerospace investor in Arlington Capital and the management team at Blaenavon to embark on the Company’s next chapter of growth. The combination of the two businesses and the creation of Forged Solutions Group creates a supplier with the available capacity of five manufacturing facilities, complementary and fully integrated manufacturing and testing capabilities, a broader product portfolio, and strong managerial expertise to better serve our customers,” Ben McIvor, Firth Rixson Forgings General Manager.