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PennAero and Tinicum Announce Acquisition of TriMas Aerospace
TriMas TriMas (US:TRS) Businesswire·2025-11-05 03:17

NEW YORK--(BUSINESS WIRE)--Tinicum, L.P. ("Tinicum†) today announced that one of its affiliates has signed an agreement to acquire the aerospace assets of TriMas Corporation ("TriMas Aerospace†), through which TriMas Aerospace will be merged with PennAero, a Tinicum portfolio company ("the Transaction†). Funds managed by Blackstone will be a minority investor in the Transaction. This investment reinforces PennAero's strategy of partnering with its customers to provide best-in-class engineering,. ...