Announced
Completed
Synopsis
Blackstone-backed Stronvar Aerospace, an aero-engine supply chain company, completed the acquisition of Electro Methods, a metal fabricator. Financial terms were not disclosed. “We are delighted to complete the acquisition of EMI as a cornerstone of the Stronvar platform, and to partner with Blackstone again. Under Randy and Bill’s leadership EMI has become renowned for its exceptional performance and technical expertise. EMI is trusted by leading OEM customers to manufacture some of the most complex assemblies in the industry, and our goal here is to build on the high-performance culture and exceptional engineering quality signature with which they do that. We look forward to working with Randy and Bill to build out this world-class company,” Craig Gallagher, Stronvar Aerospace CEO.
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