Novaria Group to Acquire Stroco Manufacturing
July 19, 2022
Novaria Group has signed an agreement to acquire Stroco Manufacturing, Inc., a defense and aerospace specialty hardware supplier. The deal is expected to close in the same month, subject to customary closing conditions, and Stroco will continue operations under the leadership of its current owner.
- Buyers
- Novaria Group
- Targets
- Stroco Manufacturing, Inc.
- Sellers
- Kris Welhart (current owner of Stroco Manufacturing)
- Platforms
- Industry
- Aerospace & Defense
- Location
- Missouri, United States
- Transaction Type
- Buyout
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