Announced
Financials
Tags
Private Equity
United States
Friendly
Private
fastener parts
Single Bidder
Acquisition
Majority
Pending
Aerospace
Synopsis
Inflexion-backed Shimtech Industries, which manufactures aerospace equipment, agreed to acquire Fastener Technology, which designs and manufactures fastener parts. Financial terms were not disclosed. “The FTC team has built a fantastic business with an unrivalled reputation. We are excited about the complementary nature of our products and look forward to building on Gulistan’s foundation as we serve our customers and take our business to the next level,” Brian Williams, Shimtech CEO.
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