Neuberger Berman completed the acquisition of a minority stake in FDH Aero.

Neuberger Berman, an investment management firm, completed the acquisition of a minority stake in FDH Aero, a global supply chain partner for aerospace and defense companies. Fianncial terms were not disclosed. “We are excited to continue our partnership with FDH management and Audax to support the Company’s continued growth. Since our original investment to facilitate the acquisition of BJG Electronics in 2023, we have continued to admire FDH as a market leader to aerospace customers, with a demonstrated track record of organic growth that has been augmented by a thoughtful acquisition strategy,” Nikhil Krishnan, Neuberger Berman Managing Director.