TriMas Sells Aerospace Segment to Tinicum for $1.45 Billion
Reuters
Nov 04
TriMas Sells Aerospace Segment to Tinicum for $1.45 Billion
TriMas Corporation has entered into a definitive agreement to sell its Aerospace segment for approximately $1.45 billion in cash to an affiliate of Tinicum L.P., with Blackstone acting as a minority investor in the deal. The transaction values the business at about 18 times its last twelve months third quarter 2025 adjusted EBITDA. The sale is expected to close by the end of the first quarter of 2026, pending customary closing conditions and approvals. TriMas plans to focus on its packaging platform and reinvest in growth opportunities, including potential acquisitions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TriMas Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251104193511) on November 04, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.