AcquisitionsApr 6, 2026, 10:22 AM
Howmet Aerospace Completes $1.8 Billion Acquisition of Consolidated Aerospace Manufacturing from Stanley Black & Decker
AI Summary
Howmet Aerospace has completed its acquisition of Consolidated Aerospace Manufacturing, a subsidiary of Stanley Black & Decker, for approximately $1.8 billion in cash. This acquisition expands Howmet Aerospace's portfolio and capabilities in the aerospace manufacturing sector, potentially enhancing its market position and revenue streams.
Key Highlights
- Howmet Aerospace acquired Consolidated Aerospace Manufacturing for $1.8 billion.
- The acquired company was a wholly-owned subsidiary of Stanley Black & Decker.
- The acquisition was completed on April 6, 2026.