The private shareholders of Astro Spar, Inc. have sold the company to PRV Aerospace, LLC for an undisclosed consideration.
Located in Southern California, Astro Spar is a leading, high-speed manufacturer of large, flight-critical, structural components for the commercial aerospace industry.
PRV Aerospace supplies components, subassemblies, assemblies, and repair and overhaul services to original equipment manufacturers of aircraft, aerostructures, aero-equipment, and other defense platforms. PRV Aerospace’s family of companies include: Aero Design & Manufacturing, Arden Engineering, Giddens Industries, Precision Machine Works, Quality Forming and Tell Tool.
Oaklins' aerospace & defense specialist team in California served as the exclusive financial advisor to the seller in this transaction.
© 2018 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.