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Trusted by
Acquiring Company
Howmet Aerospace
Acquired Company
Stanley Black & Decker
PittsburghManufacturingTransportationAutomotiveAerospaceDescription
Stanley Black & Decker has completed the sale of its Consolidated Aerospace Manufacturing business to Howmet Aerospace for approximately $1.8 billion in cash. This transaction aims to reduce Stanley's debt and enhance financial flexibility. The net proceeds from the sale will be used to target a leverage ratio of around 2.5 times by the year's end. The acquisition signifies Howmet's continued expansion in engineered solutions.
Fundz sees it the moment Howmet Aerospace makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Stanley Black & Decker?
Stanley Black & Decker was acquired by Howmet Aerospace, based in Pittsburgh. The deal was reported on April 6, 2026. Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. Howmet Aerospace is publicly traded (HWM) and operates in Manufacturing.
When did Howmet Aerospace acquire Stanley Black & Decker?
Howmet Aerospace's acquisition of Stanley Black & Decker was reported on April 6, 2026. Stanley Black & Decker has completed the sale of its Consolidated Aerospace Manufacturing business to Howmet Aerospace for approximately $1.8 billion in cash. This transaction aims to reduce Stanley's debt and enhance financial flexibility. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Stanley Black & Decker do?
Stanley Black & Decker, Inc., a global provider founded in 1843, specializes in hand tools, power tools, outdoor products, and engineered fastening solutions. It is publicly traded (SWK).
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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