TerraMar Capital completed the acquisition of SPNAM business from Bradken.

TerraMar Capital, a company specializing in middle-market investments, completed the acquisition of SPNAM business from Bradken, a manufacturer and supplier of differentiated consumable and capital products. Financial terms were not disclosed. "Congratulations to TerraMar for their purchase. I look forward to seeing SPNAM succeed under their guidance and support," Sean Winstone, Bradken Chief Executive Officer.