{"id":10153,"date":"2025-11-04T00:00:00","date_gmt":"2025-11-04T05:00:00","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=10153"},"modified":"2025-11-04T00:00:00","modified_gmt":"2025-11-04T05:00:00","slug":"trimas-selling-aerospace-arm-to-focus-on-high-margin-packaging","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=10153","title":{"rendered":"TriMas Selling Aerospace Arm to Focus on \u2018High-Margin\u2019 Packaging"},"content":{"rendered":"


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TriMas<\/a> announced today that it has entered into a definitive agreement to sell its Aerospace segment for an all-cash purchase price of approximately $1.45 billion to an affiliate of Tinicum LP. Funds managed by Blackstone will be a minority investor in the transaction.\u00a0<\/p>\n

\u201cUpon completion of this divestiture, we will be centered around a more focused, high-margin packaging platform that will enable us to capitalize on long-term growth and deliver superior value,\u201d said TriMas President and CEO Thomas Snyder. \u201cOur top priority is reinvesting to drive profitable growth, including through targeted, high-quality acquisitions. In support of that, we\u2019ve established a Strategic Investment Committee, which will guide disciplined evaluation and prioritization of potential acquisitions that best align with our growth strategy.\u201d<\/p>\n

The closing is expected to occur by the end of the first quarter of 2026, subject to customary regulatory approvals and closing conditions. PJT Partners and BofA Securities are serving as financial advisors and have led the sale process, while Jones Day is serving as outside legal counsel for TriMas.<\/p>\n<\/div>\n


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TriMas announced today that it has entered into a definitive agreement to sell its Aerospace segment for an all-cash purchase price of approximately $1.45 billion to an affiliate of Tinicum LP. Funds managed by Blackstone will be a minority investor in the transaction.\u00a0 \u201cUpon completion of this divestiture, we will be centered around a more […]<\/p>\n","protected":false},"author":5,"featured_media":10154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[165],"tags":[721,90],"class_list":["post-10153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-packaging-news","tag-cosmetics-packaging","tag-mergers-acquisitions-ma"],"_links":{"self":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/10153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10153"}],"version-history":[{"count":0,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/10153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/media\/10154"}],"wp:attachment":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}