Howmet Aerospace Expands Fastening Portfolio Through Brunner Manufacturing Acquisition

BenzingaBenzinga
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Key Takeaway

Howmet Aerospace acquires Wisconsin-based Brunner Manufacturing to expand its fastening portfolio with specialized large-size fasteners and bolt manufacturing capabilities.

Howmet Aerospace Expands Fastening Portfolio Through Brunner Manufacturing Acquisition

Howmet Aerospace has completed the acquisition of Brunner Manufacturing, a Wisconsin-based producer of fasteners and high-strength components for the agricultural, industrial, and commercial vehicle sectors. The transaction marks a strategic expansion of Howmet's fastening systems division, adding specialized capabilities in larger-size fasteners and structural threaded bolt manufacturing to its existing operations.

Brunner Manufacturing will operate as part of Howmet Fastening Systems, integrating its product lines and manufacturing expertise into the parent company's broader portfolio. The acquisition enhances Howmet's ability to serve customers requiring specialized fastening solutions across multiple end markets, while leveraging Brunner's established manufacturing capabilities and customer relationships in the regional industrial sector.

Angle Advisors served as the exclusive investment banking advisor on the transaction. Financial terms of the acquisition were not disclosed.

Source: Benzinga

Back to newsPublished Feb 13

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