Bet Shemesh Engines to acquire Carmel Forge from Pratt & Whitney for $58.5M

Israeli manufacturer Bet Shemesh Engines will acquire Carmel Forge from Pratt & Whitney for $58.5 million. The sale includes a 10-year, $360-million sourcing contract with Pratt & Whitney.

“Israeli manufacturer Bet Shemesh Engines will acquire Carmel Forge from Pratt & Whitney for a reported $58.5 million, according to a shareholder notice filed by the buyer with the Tel Aviv Stock Exchange.”newequipment.com

• 1 source
• newequipment.comP&W Selling Aerospace Forging Operation | New Equipment DigestForging StaffNov 14, 2018

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