M&A Deal Summary

ADC Aerospace Acquires Cast-Rite

On February 12, 2024, ADC Aerospace acquired metals/mining company Cast-Rite

Acquisition Highlights
  • This is ADC Aerospace’s 1st transaction in the Metals/Mining sector.
  • This is ADC Aerospace’s 1st transaction in the United States.
  • This is ADC Aerospace’s 1st transaction in California.

M&A Deal Summary
Date 2024-02-12
Target Cast-Rite
Sector Metals/Mining
Buyer(s) ADC Aerospace
Deal Type Add-on Acquisition

Target

Cast-Rite

Gardena, California, United States
Cast-Rite is a provider of advanced die casting and fabrication. CRC manufactures zinc and aluminum alloy die castings, as well as offers services, such as engineering, tooling and fabrication, and other value-added operations to serve a wide spectrum of defense, electronics, and commercial applications. Cast-Rite is based in Gardena, California.

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Buyer(S) 1

Buyer

ADC Aerospace

Buena Park, California, United States
Category Company
Founded 1946
Sector Metals/Mining
DESCRIPTION

ADC Aerospace is a die caster producing aluminum and zinc metal components for a diverse range of end markets such as commercial aerospace, industrial, defense, automotive aftermarket, and electronics. ADC Aerospace was formed in 1946 and is based in Buena Park, California.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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