TriMas completes acquisition of GMT Aerospace

TriMas (TRS) announced that it has completed the previously announced acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH. GMT Aerospace is now part of the TriMas Aerospace group. “We are pleased to announce the acquisition of GMT Aerospace,” said Vitaliy Rusakov, Group President of TriMas Aerospace. “GMT Aerospace brings a wide range of highly-engineered products, and advanced design and manufacturing capabilities that complement our existing portfolio, enhancing our offerings in the aerospace and defense sectors. We are also particularly excited about strengthening our relationships with key European aerospace and defense Tier 1 suppliers and original equipment manufacturers (OEMs) by establishing TriMas Aerospace’s manufacturing footprint in Europe. This acquisition further solidifies our commitment to expanding our market presence and delivering innovative solutions to the aerospace industry.”