# Essex Industries acquires Precision Aerospace

Essex Industries, Inc. acquired Precision Aerospace, Inc., a Connecticut-based manufacturer of precision machined components for aerospace and defense, including pressure sensors and oil debris monitoring technology.

- Type: Acquisition
- Announced: 2022-10-24
- Where: Seymour, Connecticut, United States
- Status: completed
- Products: precision machined components, pressure sensors, oil debris monitoring technology
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Precision Aerospace Corporation](https://endata.com/companies/2914.md) (target)
- [Essex Industries](https://endata.com/companies/36620.md) (acquirer)

## Sources

- [truenorthcp.com](https://truenorthcp.com/2022/10/24/truenorth-advises-precision-aerospace-on-its-sale-to-essex-industries-inc/), 2022-10-24: "TrueNorth acted as exclusive M&A advisor to Precision Aerospace, Inc. on its sale to Essex Industries, Inc."
- [essexindustries.com](https://essexindustries.com/essex-industries-acquires-connecticut-manufacturer-precision-aerospace/), 2022-10-24: "Essex and PAI share common values, customers and capabilities."
- [thefreightway.com](https://www.thefreightway.com/st-louis-based-aerospace-manufacturer-acquires-connecticut-firm/), 2022-10-27: "Essex said Monday it is purchasing Seymour, Connecticut-based manufacturer Precision Aerospace Inc. (PAI)"
- [essexindustries.com](https://essexindustries.com/support/precision-aerospace-inc/), 2023-01-10: "The acquisition of PAI supports Essex’s business strategy of further expanding its aerospace and defense product portfolio."

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