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Applied Composites Holdings, LLC, a portfolio company of AE Industrial Partners, acquired San Diego Composites, Inc., a composites supplier for aerospace, space, and defense industries. Terms were not disclosed.
Saab acquired Applied Composites AB (ACAB) from GKN Aerospace. The acquisition was signed on December 22, 2017, and will become effective on December 29, 2017. ACAB has about 55 employees and annual turnover of around 105 MSEK.