Fastener Maker To Divest Divisions

Cecil, Mark
January 2001
Mergers & Acquisitions Report;01/29/2001, Vol. 14 Issue 5, p5
Focuses on the plan of specialty fasteners and aerospace products producer Transtechnology Corp. (TC) to sell its industrial products businesses. Value of the industrial products units to be put on sale; Revenue of the units in the nine months ended December 31, 2000; Price of TC shares as of January 29, 2001.


Related Articles

  • Private equity firm purchases TransTechnology fastener unit. Bregar, Bill // Plastics News;12/10/2001, Vol. 13 Issue 41, p4 

    Reports on the selling of TransTechnology Corp. plastic and metal fastener business in the United States. Announcement of the company to sell Engineered Components business to Kohlberg & Co. LLC; Agreement of Kohlberg to pay for the fastener business; Financial statement of Kohlberg.

  • Lake Erie Products sold. Harrison, Sheena // Crain's Detroit Business;2/12/2007, Vol. 23 Issue 7, p2 

    The article offers information regarding the sale of businesses of Lake Erie Products by TriMas Corp. The Fontana Group, based in Italy, bought Lake Erie's large-diameter industrial headed fastener business located in Frankfort, Indiana. Chicago-based Holbrook Mfg. bought the small-diameter...

  • IHG Capital Seeks to Buy Fastener Companies.  // Fastener Technology International;Jun/Jul2013, Vol. 36 Issue 3, p24 

    The article informs that Dayton, Ohio-based IHG Capital LLC, a private investment firm, is seeking to buy fastener companies with gross sales of one million U.S. dollars to 25 million U.S. dollars.

  • Stock to watch: TransTechnology. Garver, Rob // Business News New Jersey;06/08/98, Vol. 11 Issue 23, p19 

    Describes the stock performance of TransTechnology, a manufacturer of specialty fastening devices for use in various industries based in Liberty Corner, New Jersey, as of June 8, 1998. Plans of acquiring three different companies for more than $70 million in cash and stocks; Financial...

  • Gores Group to sell Scovill Fasteners business. Russell, Michelle // Aroq - Just-Style.com (Global News);10/13/2014, p5 

    The article presents a reprint of the article "Gores Group to sell Scovill Fasteners business," which appeared on website "www.just-style.com" on October 10, 2014. The Gores Group LLC, Los Angeles-based investment firm, is to sell its Scovill Fasteners Inc. business to Morito Co. Ltd., a leading...

  • Textron may sell fastener business.  // Wire Journal International;Oct2005, Vol. 38 Issue 10, p38 

    Reports that U.S.-based Textron Inc. is considering the sale of its fastener division, Textron Fastening Systems, a business with 40 plants in 17 countries. Number of employees; Fastening business based in Troy, Michigan; Supplier of a range of fastening and assembly solutions.

  • Air-O Fasteners of Kaysville buys of Draper competitor.  // Enterprise/Salt Lake City;1/26/2004, Vol. 33 Issue 31, p3 

    Reports the purchase of A-1 Staple and Nail of Draper, Utah by Air-O Fasteners of Kaysville, Utah in January 2004. Reason for the business success of Air-O.

  • Air-Boss closes $6 million sale.  // Wire Journal International;Feb2009, Vol. 42 Issue 2, p28 

    The article reports on the decision of U.S.-based AirBoss of America Corp. to sell its Missouri-based railway track fastener business to Amsted Rail Co. for $6 million in cash. According to AirBoss, the rail-hardware business, which provided five percent of its sales and a slightly lower...

  • TransTechnology Boosts Facility, Adds Bridge. Matta, L. Matthew // Bank Loan Report;09/20/99, Vol. 14 Issue 37, p3 

    Reports that TransTechnology Corp. has increased its credit facility from Bank Boston Corporation. List of banks that invested in the deal; Structure of the facility; Pricing on the deal.


Read the Article


Sign out of this library

Other Topics