Senior plc has acquired all of the issued share capital of Damar AeroSystems from private shareholders, and two small related legal entities operating from the same facilities, for an undisclosed consideration.
Damar AeroSystems manufactures precision machined parts and assemblies for the commercial aerospace industry in Washington state, USA.
Senior plc is an international manufacturing group with operations in eleven countries. The company designs, manufactures and markets high technology components and systems for the principal original equipment producers in the global aerospace, defense, land-vehicle and energy markets.
Oaklins' team in Seattle acted as financial advisor to the seller in this transaction.
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