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SocoFlame, a subsidiary of Groupe Socomore, completed its acquisition of Flamemaster Corporation, a supplier of sealants for the aerospace industry in North America.
Socomore increased its stake in Flamemaster from approximately 22.5% to approximately 73.97%, acquiring about 52% of outstanding shares. Flamemaster will continue to operate as an autonomous California-based company providing sealants, adhesives, and coatings for aerospace, defense, and other industries.