Barnes to acquire mb aerospace

Bristol, conn.--(business wire)--barnes group inc. (nyse: b) today announced that it has entered into a definitive agreement to acquire mb aerospace (“mb”). mb aerospace is a leading provider of precision aero-engine component manufacturing and repair services serving major aerospace and defense engine oems, tier 1 suppliers, and mro providers for an enterprise value of approximately $740 million. the transaction is expected to close in the fourth quarter of 2023, subject to the receipt of regu.
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