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Tag: Tinicum

Fastener business a big part of TriMas Corp. agreement to sell segment for $1.45 billion

TriMas Corp., based in the U.S., recently signed a definitive deal to sell its aerospace segment to an affiliate of Tinicum L.P. for $1.45 billion. As a result, the transaction marks a major strategic step as TriMas simplifies its portfolio and sharpens its focus on higher-growth businesses. Strategy shift and segment profile Over the past […]