BLOOMFIELD, Conn.–Kaman Corp. (NYSE:KAMN) announced today that it has completed the previously announced acquisition of Bal Seal Engineering, Inc. (“Bal Seal”), a leader in the design, development, and manufacturing of highly engineered products including precision springs, seals, and contacts. With this acquisition, Kaman has significantly expanded its portfolio of engineered products and offerings while...
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Kaman to Acquire Bal Seal Engineering, Inc., Significantly Expanding and Diversifying Portfolio to Drive Continued Shareholder Value
Press ReleasesComplementary Acquisition Directly Aligned with Strategy to Grow Highly Engineered Product Offerings Diversifies Reach into High-Growth and High-Margin Medical and Industrial End Markets Transaction Expected to be Accretive to Cash Flow in Year One with Additional Opportunities to Drive Meaningful Margin Expansion BLOOMFIELD, Conn. & FOOTHILL RANCH, Calif.–Nov. 5, 2019– Kaman Corporation (NYSE:KAMN) and Bal Seal Engineering, Inc. (“Bal Seal”)...