Apollo Global Management has announced plans to acquire Barnes Group, the aerospace parts maker, in a deal valued at $3.6 billion USD to benefit from long-term aerospace trends at a time when travel demand is surging.
According to reports, the deal is expected to close before the end of the first quarter of 2025 and is expected to enhance its capabilities and create new opportunities for growth and innovation.
Barnes Group Inc. is a global industrial technology and aerospace manufacturer and service provider with its headquarters in Bristol, Connecticut.