Divestiture • Aerospace

Applied Composites Engineering Acquires North Coast

On April 6, 2022, Applied Composites Engineering acquired aerospace company North Coast from Unitech Composites

Acquisition Context
  • This is Applied Composites Engineering’s 1st transaction in the Aerospace sector.
  • This is Applied Composites Engineering’s 1st transaction in the United States.
  • This is Applied Composites Engineering’s 1st transaction in Ohio.

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M&A Deal Summary

Date April 6, 2022
Target North Coast
Sector Aerospace
Buyer(s) Applied Composites Engineering
Sellers(s) Unitech Composites
Deal Type Divestiture

Target Company

North Coast

Cleveland, Ohio, United States
North Coast is a manufacturer of advanced composites for the aerospace industry using state-of-the-art fabrication of Resin Transfer Molded (RTM) and Vacuum-Assisted Resin Transfer Molded (VARTM) components. North Coast was formed in 1976 and is based in Cleveland, Ohio.
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Buyer Overview 1

Buyer

Applied Composites Engineering

Indianapolis, Indiana, United States

Category Company
Sector Aerospace
DESCRIPTION

Applied Composites Engineering, Inc. is an aerospace composites engineer and manufacturer providing advanced composites technologies and solutions to aerospace and defense organizations in the world. Applied Composites Engineering is based in Indianapolis, Indiana.


Deal Context for Buyer #
Overall 1 of 1
Sector: Aerospace 1 of 1
Type: Divestiture 1 of 1
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1

Seller Profile 1

SELLER

Unitech Composites

Hayden, Idaho, United States

Category Company
Founded 1980
Sector Aerospace
DESCRIPTION

Unitech Composites designs develop and manufacture high-performance parts and assemblies for the aerospace and defense industries. Unitech Composites specializes in composite and metal parts for all segments of the aircraft industry, including new production and aftermarket service for both commercial and defense aircraft. Unitech Composites was founded in 1980 and is based in Hayden, Idaho.


Deal Context for Seller #
Overall 1 of 1
Sector: Aerospace 1 of 1
Type: Divestiture 1 of 1
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-11 North Coast

Cleveland, Ohio, United States

North Coast is a manufacturer of advanced composites for the aerospace industry using state-of-the-art fabrication of Resin Transfer Molded (RTM) and Vacuum-Assisted Resin Transfer Molded (VARTM) components. North Coast was formed in 1976 and is based in Cleveland, Ohio.

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