Announced
Synopsis
Karman, an American fabricator of space and defense systems, agreed to acquire Seemann Composites, a manufacturer that provides advanced composite solutions and technologies, and MSC, a machinery manufacturing company, for $220m. “Entering the strategic maritime defense market, which is a critical element of near-peer nation state deterrence, has been on our strategic roadmap for years. The acquisitions of Seemann and MSC represent the natural expansion of the Karman platform into a compelling new market that is poised for decades of sustained growth. With a proven track record of performance, deep expertise in advanced materials, and differentiated manufacturing capabilities, these innovative companies are a natural fit with Karman,” Tony Koblinski, Karman CEO.
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