M&A Deal Summary

Precision Castparts Acquires Trans World Alloys

On December 31, 2013, Precision Castparts acquired metals/mining company Trans World Alloys

Acquisition Highlights
  • This is Precision Castparts’ 9th transaction in the Metals/Mining sector.
  • This is Precision Castparts’ 26th transaction in the United States.
  • This is Precision Castparts’ 13th transaction in California.

M&A Deal Summary

Date 2013-12-31
Target Trans World Alloys
Sector Metals/Mining
Buyer(s) Precision Castparts
Deal Type Add-on Acquisition
Advisor(s) Duff & Phelps Corp. (Financial)

Target

Trans World Alloys

Gardena, California, United States
Trans World Alloys (“TWA”) operates a distribution network that offers just-in-time supply of finished materials, including bars, plates, rods, tubes, forgings, billets, and sheets for the aerospace and defense industry.

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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 28 of 31
Sector (Metals/Mining) 9 of 9
Type (Add-on Acquisition) 24 of 26
State (California) 13 of 14
Country (United States) 26 of 28
Year (2013) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-31 SOS Metals

Gardena, California, United States

SOS Metals, Inc. is a providing metal reclamation and supply chain solutions for customers in the aerospace and defense industry. SOS specializes in providing customized metal revert management programs for super alloys and aerospace grade nickel, titanium, stainless steel and aluminum for major aircraft engine manufacturers, leading airlines, aerospace OEMs and their first and second tier suppliers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-20 Aerospace Dynamics International

Valencia, California, United States

ADI is a suppliers in the aerospace industry, operating a wide range of high-speed machining centers. ADI has developed particular expertise in large complex components, hard metal machining, and critical assemblies. The company has strong positions across high growth commercial platforms, including a significant presence on the Airbus A350.

Buy $625M