M&A Deal Summary

Novaria Group Acquires Precision Aero

On July 16, 2025, Novaria Group acquired aerospace company Precision Aero from Precision Products Machining Group

Acquisition Highlights
  • This is Novaria Group’s 8th transaction in the Aerospace sector.
  • This is Novaria Group’s 18th transaction in the United States.
  • This is Novaria Group’s 4th transaction in Ohio.

M&A Deal Summary

Date 2025-07-16
Target Precision Aero
Sector Aerospace
Buyer(s) Novaria Group
Sellers(s) Precision Products Machining Group
Deal Type Divestiture

Target

Precision Aero

Troy, Ohio, United States
Precision Aero specialized in the manufacturing of close tolerance machined components including commercial and military aircraft, space shuttles, and land based transportation systems. Precision Aero is based in Troy, Ohio.

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Buyer(S) 1

Buyer

Novaria Group

Ft. Worth, Texas, United States

Category Company
Founded 2011
Sector Aerospace
DESCRIPTION

Novaria Group is a cohesive family of precision aerospace & defence 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 Fort Worth, Texas.


DEAL STATS #
Overall 18 of 18
Sector: Aerospace M&A 8 of 8
Type: Divestiture M&A Deals 3 of 3
State: Ohio M&A 4 of 4
Country: United States M&A 18 of 18
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-21 Bandy Manufacturing

Burbank, California, United States

Bandy Manufacturing is a manufacture of hinges that are components for a wide range of commercial and military platforms, delivering over 100,000 hinges per year. The company’s expertise includes proprietary drilling processes that allow the company to manufacture long hinge lengths at very tight tolerances across a variety of materials including titanium, aluminum, stainless steel and bronze. Bandy Manufacturing was founded in 1953 and is based in Burbank, California.

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Seller(S) 1

SELLER

Precision Products Machining Group

Addison, Illinois, United States

Category Company
Founded 2012
Sector Aerospace
DESCRIPTION

Precision Products Machining Group focused on precision manufacturing and machining for heavy industries. Precision Products Machining Group is based in Addison, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1