Mergers and Acquisitions in the Fastener Industry: 2026 Review
Executive summary Aerospace and defense fasteners drew the biggest checks. Howmet Aerospace paid about $1.8 billion for Stanley Black & Decker’s Consolidated Aerospace Manufacturing (CAM), and PennAero, backed by Tinicum and Blackstone funds, closed a roughly $1.45 billion purchase of TriMas Aerospace at about 18 times trailing adjusted EBITDA. Conglomerates pruned while specialists bought. Stanley Black & Decker, TriMas, SFS (its stamping operations) and Optimas Solutions (its international unit) all sold or carved out businesses during the year. Europe produced the largest industrial-fastener combination. Fontana Gruppo’s acquisition of Germany’s Kamax [...]