Diploma PLC to acquire Peerless Aerospace Fastener for £236 million

Diploma PLC announced the proposed acquisition of Peerless Aerospace Fastener LLC, a distributor of specialty fasteners into US and European aerospace markets, for approximately £236 million ($300 million). The transaction is expected to complete in the next few weeks.

“Peerless is one of the largest independent value-added distributors of aerospace fasteners with a strong reputation for quality and breadth of product, speed to market, and value-add customer service.”investegate.co.uk

• 3 sources
• investegate.co.ukAcquisition | Company Announcement | InvestegateInvestegateMar 27, 2024
• inddist.comDiploma to Acquire Peerless Aerospace Fastener in $300M DealDiploma PLCMar 29, 2024
• torque-expo.comAcquisition of US-Based Specialty Fasteners Business - Torque-ExpoRachel KingApr 10, 2024

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