Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Mon., Nov. 29, 7:21 PM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
| This Slide: #94 of 100 |
Slide #94. Kaman Corporation — Western Fluid Components, Inc.
Acquirer:
Kaman Corporation (NYSE:KAMN)
Acquiree:
Western Fluid Components, Inc.
Details:
Kaman Corporation (NYSE:KAMN) today announced that its Distribution Segment (Kaman) has completed the acquisition of Western Fluid Components, Inc. (Western). With locations in Tacoma, Kirkland, Everett and Bellingham, Western is one of the largest fluid connector distributors in the state of Washington and a full-line distributor for Parker Hannifin's Fluid Connector Group, including hydraulic, pneumatic and industrial hose, tubing, fittings and related accessories. The acquisition of Western further strengthens Kaman's fluid power position in the Northwest. Terms of the sale were not disclosed.
Kaman is a company that conducts business in the aerospace, medical and industrial markets. Co. produces and markets proprietary aircraft bearings and components; super precision, miniature ball bearings; proprietary spring energized seals, springs and contacts; metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; and safe and arming solutions for missile and bomb systems for U.S. and allied militaries. Co. also manufactures and supports its K-MAX® manned and unmanned medium-to-heavy lift helicopters and restores, modifies and supports its SH-2G Super Seasprite maritime helicopters.
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Avg. Broker Rec.
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: KAMN Stock Forecast Based on Zacks ABR data; powered by Xignite |
