AE Industrial Partners acquires Powder Alloy Corporation
The Loveland, Ohio-based manufacturer produces highly engineered powders for aerospace, defense and energy applications, forming a platform to expand domestic manufacturing of advanced materials.
Takeaways
- AE Industrial Partners and Powder Alloy are classified as a platform transaction.
AE Industrial Partners has launched a specialty materials platform with the acquisition of Powder Alloy Corporation, a Loveland, Ohio-based manufacturer of highly engineered metallic, ceramic and thermal spray powders for aerospace, defense and energy applications.
Founded in 1973, PAC supplies both OEM and aftermarket customers in the aerospace, gas turbine, biomedical, and power-generation sectors, with in-house capabilities that include inert gas atomization and plasma densification.
“As a differentiated strategic manufacturing partner, the investment in PAC reflects our firm’s philosophy of supporting companies that are addressing the critical tollgates for national and economic security,” added Andrew McElhinney, Principal at AE Industrial.
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