Announced
Completed
Synopsis
Ducommun, a provider of manufacturing and engineering services, completed the acquisition of Magnetic Seal, a seals maker for military and commercial aircraft. Financial terms were not disclosed. “I am delighted to welcome the MagSeal business and its team to Ducommun as we continue our strategy of adding high value added A&D engineered products with recurring aftermarket to our portfolio.MagSeal is an excellent business with a strong reputation and further advances the company’s industry offering and I look forward to the many years of growth ahead,” Stephen G. Oswald, Ducommun Chairman, President and CEO.
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