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Private equity firm Tinicum L.P. agreed to acquire a controlling interest in Watlow Electric Manufacturing Co., a designer and maker of industrial thermal systems technology. Financial terms were not disclosed.
Consolidated Aerospace Manufacturing (CAM) entered into an agreement to be acquired by Stanley Black & Decker. CAM designs and manufactures hardware and fastener solutions for aerospace applications.
TriMas entered a definitive agreement to sell its Aerospace segment to an affiliate of Tinicum L.P. for $1.45 billion in cash, with Blackstone as a minority investor.