Aero-Hose Corp. has been acquired by Marmon Distribution Services
Aero-Hose Corp. has been sold to Marmon Distribution Services.
Aero-Hose offers a complete line of high quality hose assemblies and related products for the aviation, aerospace and defense industries. It was founded in 2004 by Joseph Lemieux, Sr. and Joseph Lemieux Jr., both experienced professionals in the aviation, defense, and aerospace industries. The company’s product line spans from basic low-pressure rubber hose to complex, multi-bend hose-tube combination assemblies. Since its founding, Aero-Hose has been consistently profitable by fostering long-term relationships with customers and suppliers in addition to refining its manufacturing processes.
Marmon Distribution Services is a Berkshire Hathaway company and a member of The Marmon Group, an international association of more than 150 business units that operate independently within diverse business sectors. Marmon Distribution Services is a major supplier of specialty metal pipe and tubing, and bar and sheet products to the construction, industrial and aerospace markets. The group operates more than 60 sales and services centers in North America, Europe and Asia.
Oaklins’ team in Jacksonville acted as financial advisor to the seller in this transaction.
Talk to the deal team
Related deals
OSL has been acquired by Terma
OSL Group Limited, a leader in counter-drone security and safety systems, has been acquired by Terma AS, a Denmark-based global provider of mission-critical solutions for defense, aerospace and security.
Learn moreElectro Optic Systems has acquired the UK interceptor business of MARSS
Electro Optic Systems Holdings Limited (ASX: EOS) has acquired the UK-based interceptor unmanned aerial system business of MARSS Group for US$6.4 million (€5.5 million). The interceptor is a reusable electric drone effector guided by imaging sensors and AI, which EOS will integrate into its counter-drone portfolio for defense and critical infrastructure customers. EOS plans further investment to complete development.
Learn moreIndestructible Paint has been acquired by Seaforth Holdings
The specialist coatings business Indestructible Paint Limited has been acquired by Seaforth Holdings Limited. Its existing management team will remain with the business following the transaction.
Learn more