TriMas completed the sale of its Aerospace segment to an affiliate of private investment firm Tinicum L.P. for an all‑cash consideration of $1.45 billion, valuing the business at an enterprise‑value multiple of roughly 18× the last twelve months’ adjusted EBITDA reported in the third quarter of 2025.
The transaction is expected to close by the end of the first quarter of 2026, subject to customary regulatory approvals and closing conditions. Blackstone funds will hold a minority stake in the transaction.
The Aerospace segment generated $374 million in revenue over the last twelve months, representing about 37% of TriMas’ total revenue of $1.01 billion. In Q3 2025 the segment posted net sales of $103.2 million, up 45.8% year‑over‑year, and a significant increase in operating profit, driven by higher industry build rates and new awards.
TriMas’ Q3 2025 earnings report showed adjusted diluted EPS of $0.61, beating forecasts of $0.56, and net sales of $269.3 million, up 2.5% from the prior year. The company raised its full‑year 2025 earnings outlook following the results.
The divestiture is part of TriMas’ strategy to focus on its higher‑margin packaging platform, which generated $135.7 million in net sales in Q3 2025 and is expected to drive future growth. The company will use the proceeds to unlock shareholder value and fund targeted acquisitions in the packaging and specialty products space.
TriMas has previously divested its Arrow Engine business in January 2025, further streamlining its portfolio toward segments with distinct growth and valuation profiles.
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