Novaria Group Acquires Anillo Industries

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.