M&A Deal Summary

ATI Acquires Addaero Manufacturing

On July 16, 2018, ATI acquired aerospace company Addaero Manufacturing

Acquisition Highlights
  • This is ATI’s 1st transaction in the Aerospace sector.
  • This is ATI’s 3rd transaction in the United States.
  • This is ATI’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2018-07-16
Target Addaero Manufacturing
Sector Aerospace
Buyer(s) ATI
Deal Type Add-on Acquisition

Target

Addaero Manufacturing

New Britain, Connecticut, United States
Addaero Manufacturing Co. is a metal alloy-based additive manufacturing for the aerospace and defense industries, located in New Britain, CT.

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Buyer(S) 1

Buyer

ATI

Dallas, Texas, United States
Category Company
Founded 1996
Sector Metals/Mining
Employees7,300
Revenue 4.2B USD (2023)
DESCRIPTION

ATI is a diversified specialty materials and components producer. The Company's markets include aerospace and defense, oil and gas/chemical process, electrical energy, medical, automotive, food equipment and appliance, and construction and mining. ATI's products include titanium and titanium alloys, nickel-based alloys and superalloys, engineered forgings and castings, zirconium, hafnium, niobium alloys, grain-oriented electrical steel, and stainless and specialty steels. ATI was incorporated in 1996 and is based in Dallas, Texas.

DEAL STATS #
Overall 3 of 3
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Connecticut) 1 of 1
Country (United States) 3 of 3
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-13 Hanard Machine

Salem, Oregon, United States

Hanard performs precision machining on parts and components made from titanium alloys, nickel-based alloys and superalloys, aluminum, specialty steel, and other ferrous and non-ferrous metals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-03 Premier Forge

Portland, Indiana, United States

Premier Forge provides high-value, complex forgings for blue-chip OEMs primarily in the transportation, oil & gas, construction, mining, agricultural, and aerospace, and defense markets. Premier Forge’s capabilities include comprehensive forging processes complemented by in-house design and engineering, material expertise, product machining, and heat-treating services. Premier Forge was founded in 2019 and is based in Portland, Indiana.

Sell -
Mergr

Product

Company

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