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CPI Aerostructures to acquire Welding Metallurgy for $9M · Endata

◂ Announcements

Mar 22, 2018ACQUISITIONUnited States

CPI Aerostructures to acquire Welding Metallurgy for $9M

CPI Aerostructures announced a definitive agreement to acquire Welding Metallurgy Inc. from Air Industries Group for $9 million in cash, with up to $1 million additional contingent on long-term supply agreements.

Value

$9.00M

Status

Announced

Productsspecialty welded productslarge diameter tube bendingintegrated electronic assemblies

CompaniesAir Industries Group partner CPI Aerostructures acquirer Welding Metallurgy target

Sectors#Aerospace Components

“CPI Aerostructures, Inc. today announced that it has entered into a definitive agreement to acquire Welding Metallurgy, Inc. for $9.0 million in cash from Air Industries Group, Inc.”globenewswire.com

1 source
globenewswire.comCPI Aerostructures to Acquire Welding Metallurgy, Inc.CPI Aerostructures, Inc.Mar 22, 2018

Summarized from public sources; check the original articles before acting on it.

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