Announced
Completed
Synopsis
TriMas, a diversified manufacturer of engineered products that serve a variety of industrial, commercial and consumer end markets worldwide, completed the acquisition of GMT Aerospace from GMT, a mechanical engineering company. Financial terms were not disclosed. “We are pleased to announce the acquisition of GMT Aerospace. GMT Aerospace brings a wide range of highly-engineered products, and advanced design and manufacturing capabilities that complement our existing portfolio, enhancing our offerings in the aerospace and defense sectors. We are also particularly excited about strengthening our relationships with key European aerospace and defense Tier 1 suppliers and original equipment manufacturers by establishing TriMas Aerospace’s manufacturing footprint in Europe. This acquisition further solidifies our commitment to expanding our market presence and delivering innovative solutions to the aerospace industry," Vitaliy Rusakov, TriMas Aerospace Group President.
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