M&A Deal Summary

Novaria Group Acquires FMi Chemical

On April 26, 2022, Novaria Group acquired chemicals company FMi Chemical

Acquisition Highlights
  • This is Novaria Group’s 1st transaction in the Chemicals sector.
  • This is Novaria Group’s 14th transaction in the United States.
  • This is Novaria Group’s 2nd transaction in Connecticut.

M&A Deal Summary
Date 2022-04-26
Target FMi Chemical
Sector Chemicals
Buyer(s) Novaria Group
Deal Type Add-on Acquisition

Target

FMi Chemical

Bloomfield, Connecticut, United States
FMi Chemical is a provider of nonmetallic aerospace sealants, compounds, and coatings for aircraft manufacturing and MRO. The products consist of proprietary heat-resistant silicone sealants, nonmetallic sealants, compounds, and coatings from industry-leading brands. FMi Chemical is based in Bloomfield, Connecticut.

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Buyer(S) 1

Buyer

Novaria Group

North Richland Hills, Texas, United States
Category Company
Founded 2011
Sector Aerospace
DESCRIPTION

Novaria Group is a cohesive family of precision aerospace & defense component companies, a sum made greater by the value of its parts, that consistently delivers optimum performance and sustainable growth. Novaria Group was founded in 2011 and is based in North Richland Hills, Texas.

DEAL STATS #
Overall 14 of 16
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 12 of 14
State (Connecticut) 2 of 2
Country (United States) 14 of 16
Year (2022) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-05 Hohman Plating

Dayton, Ohio, United States

Hohman Plating provides metal finishing and coating services to a broad base of industries, including aerospace, medical, defense, electronics, and others. Hohman Plating was founded in 1918 and is based in Dayton, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-19 Stroco Manufacturing

Hazelwood, Missouri, United States

Stroco Manufacturing serves the defense and aerospace industries in both the military and commercial sectors. Its customers include Boeing, Lockheed Martin, Northrop Grumman, Bell Helicopter, and Gulfstream. Stroco specializes in an array of product offerings, including small precision sheet metal and machined parts and assemblies. Stroco Manufacturing was founded in 1963 and is based in Hazelwood, Missouri.

Buy -
Mergr

Product

Company

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