Announced

Novaria Group to acquire Stroco Manufacturing.

Synopsis

Novaria Group, a manufacturer of specialty hardware for the aerospace and defense industries, to acquire Stroco Manufacturing, an aerospace equipment manufacturer. Financial terms were not disclosed. “Stroco’s products are complementary to several of our business units and enable us to offer more complete packages to customers. They are a respected name and growth supplier in the industry, making this deal an ideal fit. I’ve also known Kris for over a decade, and we’re excited to add him to our experienced management team,” Bryan Perkins, Novaria CEO.

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