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Non-Precious Metals & Non-Metallic Mining M&A image Non-Precious Metals & Non-Metallic Mining M&A » By The Online Investor Staff, updated Sat., Oct. 31, 6:15 AM Recent mergers and acquisitions in the Non-Precious Metals & Non-Metallic Mining M&A category.

Slide #34. Precision Castparts Corporation Texas Honing

Acquirer: Precision Castparts Corporation (PCP)
Acquiree: Texas Honing
Details: H.I.G. Capital, a leading global private equity investment firm with more than $10.0 billion of equity capital under management, announced today that it has completed the sale of Texas Honing, Inc. ("THI"), a leading engineering-enabled producer of high precision components used in oilfield drilling, completion, and production systems worldwide. After the transaction, the company will be included in the Forged Products segment of Precision Castparts Corporation.

Precision Castparts is a manufacturer of metal components and products, provides investment castings, forgings, fasteners/fastener systems and aerostructures for aerospace and power applications. Co. has three segments: Investment Cast Products, which manufactures investment castings for aircraft engines, industrial gas turbine (IGT) engines, airframes, medical implants, armament, and unmanned aerial vehicles, among others; Forged Products, which manufactures forged components for commercial and military aircraft engines and IGT; and Airframe Products, which develops and manufactures fasteners, fastener systems, aerostructures and precision components, primarily for aerospace applications.

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Company Name: 
Precision Castparts Corp.
Stock buyback: 
PCP buyback
Website: 
www.precast.com
Sector: 
Non-Precious Metals & Non-Metallic Mining
 

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Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
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