M&A Deal Summary

Precision Aerospace Acquires Owens Machine

On May 7, 2024, Precision Aerospace acquired machinery company Owens Machine

Acquisition Highlights
  • This is Precision Aerospace’s 3rd transaction in the Machinery sector.
  • This is Precision Aerospace’s 4th transaction in the United States.
  • This is Precision Aerospace’s 3rd transaction in Texas.

M&A Deal Summary
Date 2024-05-07
Target Owens Machine
Sector Machinery
Buyer(s) Precision Aerospace
Deal Type Add-on Acquisition

Target

Owens Machine

Lewisville, Texas, United States
Owens Machine produces complex, multifaceted parts, tooling, and prototypes utilizing multi-axis machine tools and best-in-class cutting tools. The Company develops and sells complex machine components, primarily to the aerospace and defense industries. Owens Machine was founded in 1986 and is based in Lewisville, Texas.

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Buyer(S) 1

Buyer

Precision Aerospace

Dallas, Texas, United States
Category Company
Sector Aerospace
DESCRIPTION

Precision Aerospace is an aerospace manufacturing business focused on hard metal and tight tolerance product manufacturing for the defense and space end markets. Precision Aerospace is based in Dallas, Texas.

DEAL STATS #
Overall 4 of 4
Sector (Machinery) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Texas) 3 of 3
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-01 Decatur Machine Services

Decatur, United States

Decatur Machine Services is a defense manufacturing industry. Decatur specializes in hard metal and tight tolerance machining for the defense industry. It produces complex, multifaceted parts, tooling, and prototypes utilizing expert 3, 4 and 5 axis machine tools. Decatur Machine Services was founded in 1983 and is based in Decatur, Texas.

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