M&A Deal Summary

Kinetic Engine Systems Acquires Numet

On January 4, 2024, Kinetic Engine Systems acquired aerospace company Numet from Bromford Group

Acquisition Highlights
  • This is Kinetic Engine Systems’ 4th transaction in the Aerospace sector.
  • This is Kinetic Engine Systems’ 4th transaction in the United States.
  • This is Kinetic Engine Systems’ 2nd transaction in Connecticut.

M&A Deal Summary
Date 2024-01-04
Target Numet
Sector Aerospace
Buyer(s) Kinetic Engine Systems
Sellers(s) Bromford Group
Deal Type Divestiture

Target

Numet

Orange, Connecticut, United States
Numetis a manufacturer of precision machined parts, kits, and assemblies for jet turbine engines for a wide variety of commercial and military aircraft. Numet serves original equipment manufacturers including GE Aircraft Engines and Pratt & Whitney Aircraft, as well as the Department of Defense. Numet was founded in 1983 and is based in Orange, Connecticut.

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Buyer(S) 1

Buyer

Kinetic Engine Systems

Connecticut, United States
Category Company
Sector Aerospace
DESCRIPTION

Kinetic Engine Systems is a Tier 1 supplier of precision aero-engine components directly serving major aero-engine OEMs and other Tier 1 suppliers. The Company’s centers of excellence, based in the U.S. and Mexico, produce machined parts, subassemblies, assemblies, and repair and overhaul services for the world’s leading manufacturers of engines and related systems.

DEAL STATS #
Overall 4 of 4
Sector (Aerospace) 4 of 4
Type (Divestiture) 2 of 2
State (Connecticut) 2 of 2
Country (United States) 4 of 4
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-04 AeroCision

Chester, Connecticut, United States

AeroCision is a manufacturer of machine and fabricated precision components for gas turbine engines used in military, commercial and industrial applications, including aircraft, helicopters, and tanks. AeroCision was founded in 1958 and is based in Chester, Connecticut.

Buy -

Seller(S) 1

SELLER

Bromford Group

Leicester, United Kingdom
Category Company
Sector Engineering
DESCRIPTION

Bromford Group is a provider of complex, close tolerance engine components, fabrications and assemblies for the global aerospace and power generation industries. Bromford Group is based in Leicester, United Kingdom.

DEAL STATS #
Overall 2 of 2
Sector (Aerospace) 2 of 2
Type (Divestiture) 2 of 2
State (Connecticut) 2 of 2
Country (United States) 2 of 2
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-04 AeroCision

Chester, Connecticut, United States

AeroCision is a manufacturer of machine and fabricated precision components for gas turbine engines used in military, commercial and industrial applications, including aircraft, helicopters, and tanks. AeroCision was founded in 1958 and is based in Chester, Connecticut.

Sell -
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