Barnes, a global industrial and aerospace manufacturer and service provider, completed the acquisition of MB Aerospace, a provider of precision aero-engine component manufacturing and repair services, for $740m. “We’re excited to welcome MB Aerospace and its talented workforce to Barnes Aerospace. The significant growth opportunities provided by this combination will enhance our ability to deliver value-add solutions across the aero-engine value chain. MB Aerospace brings welcomed customer diversification within both commercial aerospace and defense platforms and provides Barnes with a well-balanced portfolio across aerospace and industrial end markets,” Ian Reason, Barnes Senior Vice President.