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TriMas has entered into a definitive agreement to sell its Aerospace segment to an affiliate of Tinicum L.P. for $1.45 billion in cash. Funds managed by Blackstone will be a minority investor. The sale is expected to close by the end of Q1 2026.
“TriMas announced today that it has entered into a definitive agreement to sell its Aerospace segment for an all-cash purchase price of approximately $1.45 billion to an affiliate of Tinicum L.P.”ir.trimas.com
Summarized from public sources; check the original articles before acting on it.