Novaria Group Acquires Precision Aero Corp (fusible plug business) from PPMG
July 16, 2025
Novaria Group has acquired Precision Aero Corp (PAC), the fusible plug and specialty aftermarket components business previously owned by Precision Products Machining Group (PPMG). PAC will continue to operate from its Troy, Ohio facility with existing site leadership, and the acquisition expands Novaria's portfolio of safety-critical aerospace components and material-science capabilities.
- Buyers
- Novaria Group
- Targets
- Precision Aero Corp (PAC)
- Sellers
- Precision Products Machining Group, LLC (PPMG)
- Industry
- Aerospace & Defense
- Location
- Ohio, United States
- Transaction Type
- Buyout
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