US EditionThrough the Stratosphere: Tinicum Acquires Leggett & Platt’s Aerospace Products
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Through the Stratosphere: Tinicum Acquires Leggett & Platt’s Aerospace Products
Just in time for Katy Perry’s return to earth, Leggett & Platt announced plans to sell its Aerospace Products Group to affiliated funds managed by Tinicum Incorporated for $285 million. The all-cash deal is expected to close later this year, and is subject to customary regulatory approvals as well as working capital and debt adjustments. “The Aerospace Products Group is a supplier of complex, highly engineered tube and duct assemblies for use pri
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