# 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.

- Type: Acquisition
- Announced: 2018-11-14
- Where: Tirat Carmel, Israel, Israel
- Value: $58.5M
- Status: announced
- Products: closed-die forgings, rolled rings, titanium parts, steel parts, nickel-alloy parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Pratt & Whitney](https://endata.com/companies/234.md) (partner)
- [Bet Shemesh Engines](https://endata.com/companies/20827.md) (acquirer)
- [Carmel Forge](https://endata.com/companies/35495.md) (target)

## Sources

- [newequipment.com](https://www.newequipment.com/metal-forming/article/21924252/pw-selling-aerospace-forging-operation), 2018-11-14: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.