Novaria Group Acquires Anillo Industries
February 21, 2024
Novaria Group, a Fort Worth-based manufacturer of precision components for aerospace and defense, has acquired Anillo Industries, a long-established Orange, California manufacturer of washers, shims, spacers, plain bearings and stampings. Terms were not disclosed; Anillo's Orange operations will continue at its 75,000-square-foot facility with brothers Kurt and Mark Koch remaining in their roles for a transition period. D.A. Davidson & Co. advised Anillo on the transaction.
- Buyers
- Novaria Group
- Targets
- Anillo Industries
- Sellers
- Kurt Koch, Mark Koch
- Platforms
- Novaria Group
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Addon
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