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TriMas Aerospace, a division of TriMas Corporation, acquired Canada-based TFI Aerospace, a manufacturer of specialty fasteners for military and commercial aircraft and spacecraft. The deal value was undisclosed.
TriMas signed agreements to acquire Omega Plastics, a custom components manufacturer for medical and industrial applications in Clinton Township, Michigan, and TFI Aerospace, a specialty fastener manufacturer near Toronto, Canada. Omega expected ~$18M revenue in FY2021; TFI expected ~$6M.