Announced
Completed
Financials
Tags
Aerospace
aircraft components
United Kingdom
Majority
Private
Cross Border
Acquisition
Friendly
Single Bidder
Completed
Synopsis
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.
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