M&A Deal Summary

Seemann Composites Acquires Materials Sciences

On October 10, 2018, Seemann Composites acquired defense company Materials Sciences

Acquisition Highlights
  • This is Seemann Composites’ 1st transaction in the Defense sector.
  • This is Seemann Composites’ 1st transaction in the United States.
  • This is Seemann Composites’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2018-10-10
Target Materials Sciences
Sector Defense
Buyer(s) Seemann Composites
Deal Type Add-on Acquisition

Target

Materials Sciences

Horsham, Pennsylvania, United States
Materials Sciences Corp. is a provider of engineering services to the composites industry since 1970. During this time, company had participated in numerous programs that demonstrate ability to perform advanced composite design, analysis and testing; provide overall program management work in a team environment and transition new product development to the military and commercial sectors. MSC's corporate mission has expanded beyond basic research and development now to include transitioning its proprietary technologies from the research lab into innovative new products. This commitment is demonstrated through increased staffing and a more than 3-fold expansion of facilities to allow in-house manufacturing and testing of advanced composite materials and structures.

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Buyer(S) 1

Buyer

Seemann Composites

Gulfport, Mississippi, United States

Category Company
Sector Defense
DESCRIPTION

Seemann Composites, Inc. is a developer of the SCRIMP process and a supplier of composite solutions for the Defense Industry. Seemann Composites is a leading supplier of advanced composite components for DOD platforms. SCI's dedicated and skilled work force of over 160 operates at the company's Gulfport, Mississippi production complex, which consists of four facilities totaling over 160,000 square feet.


DEAL STATS #
Overall 1 of 1
Sector (Defense) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1