Mubea to acquire Cyclone Manufacturing from the Sochaj family.

Mubea, an automotive supplier, agreed to acquire Cyclone Manufacturing, a vertically integrated full-service provider of 3-5 axis machining, sheet metal fabrication, tube bending, welding and minor sub-assemblies of aerospace structural components, from the Sochaj family, the Cyclone Manufacturing president family. Financial terms were not disclosed. "I have built Cyclone together with my family and my son Robert. For me as an entrepreneur, it is important that I can now place Cyclone in the hands of another family business, Mubea. This means continuity for our customers and offers new opportunities for our employees. At the same time, I would like to personally thank all employees for their dedication and experienced support," Andrew Sochaj, Cyclone Manufacturing President and major shareholder.