Leggett & Platt sells Aerospace Products Group to Tinicum for $285 million

Leggett & Platt signed an agreement to sell its Aerospace Products Group to funds managed by Tinicum Incorporated for $285 million. The business supplies tube and duct assemblies for aerospace and has seven facilities in the U.S., UK, and France.

“This divestiture is part of the ongoing strategic business review, aimed at determining which businesses are the right long-term fit for the company.”prnewswire.com

• 2 sources
• prnewswire.comLeggett & Platt Signs Agreement to Sell its Aerospace Products GroupLeggett, Platt IncorporatedApr 2, 2025
• akm.ruAmerican Leggett&Platt sells assets of Aerospace Products GroupMay 4, 2025

Summarized from public sources; check the original articles before acting on it.