M&A Deal Summary

Precision Castparts Acquires Airdrome Precision Components

On August 27, 2008, Precision Castparts acquired aerospace company Airdrome Precision Components

Acquisition Highlights
  • This is Precision Castparts’ 2nd transaction in the Aerospace sector.
  • This is Precision Castparts’ 7th transaction in the United States.
  • This is Precision Castparts’ 3rd transaction in California.

M&A Deal Summary
Date 2008-08-27
Target Airdrome Precision Components
Sector Aerospace
Buyer(s) Precision Castparts
Deal Type Add-on Acquisition

Target

Airdrome Precision Components

Santa Ana, California, United States
Airdrome Precision Components LLC, are a manufacturer of precision tube fittings and machined components for military and commercial aircraft, engine, space, and industrial programs. Whether it's the simplest connector or the most complex fitting, each Airdrome part is made to perform under the most demanding conditions. Mission after mission.

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Buyer(S) 1

Buyer

Precision Castparts

Portland, Oregon, United States
Category Company
Founded 1949
Sector Manufacturing
Employees29,900
Revenue 10.0B USD (2015)
DESCRIPTION

Precision Castparts is a manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. Precision Castparts was formed in 1953 and is headquartered in Portland, Oregon.

DEAL STATS #
Overall 7 of 31
Sector (Aerospace) 2 of 14
Type (Add-on Acquisition) 5 of 26
State (California) 3 of 14
Country (United States) 7 of 28
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-23 Cherry Aerospace

Santa Ana, California, United States

Cherry Aerospace LLC a manufacturer of aerospace rivets and blind bolts. Primarily used in structural applications, Cherry brand products are found on all major commercial and military aircraft in production or development today.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Hackney Ladish

Russellville, Arkansas, United States

Hackney Ladish, Inc. is a largest and most versatile producers of carbon steel and alloy steel butt-weld pipe fittings.

Buy -
Mergr

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