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Senior completed the acquisition of Spencer Aerospace for up to $100m.

Synopsis

Senior, a global group of firms in the manufacturing and engineering industries, completed the acquisition of Spencer Aerospace, a manufacturer of highly engineered, high-pressure hydraulic fluid fittings for use in commercial and military aerospace applications, for up to $100m. "We are very pleased to be joining forces with Senior. We have a shared vision about the critical role of fluid conveyance and are sure there will be a strong cultural fit with the Senior team. Our combined resources will enable us to accelerate our product qualification activities and increase our speed to market with source-controlled fittings. I feel certain that our existing and new customers will benefit from this exciting collaboration," Steven Spencer, Spencer Aerospace President.

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