Socomore acquires majority stake in Flamemaster

Socomore increased its stake in Flamemaster from approximately 22.5% to approximately 73.97%, acquiring about 52% of outstanding shares. Flamemaster will continue to operate as an autonomous California-based company providing sealants, adhesives, and coatings for aerospace, defense, and other industries.

“Socomore acquired about 52% of the outstanding shares from the selling shareholders based on agreements entered into in 2019.”flamemaster.com

• 2 sources
• flamemaster.comSocomore acquires majority stake of Flamemaster - FlamemasterironcoreAug 10, 2023
• socomore.comSOCOMORE enters the aeronautical sealants market with the acquisition of US company FLAMEMASTERSep 4, 2023

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