PCC grows airframe supply reach with $600M purchase

Jun 28, 2013 | 12:56 PM | Frank Haflich

Tags  PCC, Precision Castparts, airframe, Permaswage, aircraft, aerospace, aerostructures, frank haflich

NEW YORK — Precision Castparts Corp. (PCC) will add to its airframe supply chain portfolio with the acquisition of France-based fittings manufacturer Permaswage SAS.

In its first significant acquisition this year, Portland, Ore.-based PCC will pay $600 million for Permaswage, which has been owned since 2007 by London-based private equity firm Bridgepoint Capital Ltd.

The cash transaction for Permaswage, which employs about 680 people at production facilities in Gardena, Calif., Les Clayes-sous-Bois, France, and Suzhu, China, is expected to be completed by the end of PCC’s fiscal second quarter ending Sept. 30. ....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results