SPX Corporation Acquires GenMech Aerospace
June 24, 2003
A wholly owned subsidiary of SPX Corporation has acquired GenMech Aerospace, Inc., a Farmingdale, New York-based manufacturer of flight-critical rotorhead components and structural assemblies for the defense and commercial aerospace industries. Terms were not disclosed; Alderman & Company served as exclusive financial advisor to GenMech in the transaction.
- Buyers
- SPX Corporation
- Targets
- GenMech Aerospace, Inc.
- Industry
- Aerospace & Defense
- Location
- New York, United States
- Transaction Type
- Buyout
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