Acquiring Company
Primus Aerospace
Acquired Company
Raloid Corporation
Description
Primus Aerospace (“Primus”), a provider of highly complex, machined components and assembly solutions to the aerospace, defense, and space industry, sponsored by Angeles Equity Partners, LLC (“Angeles”), today announced the acquisition of Raloid Corporation (“Raloid”). Raloid machines critical components for several strategic defense programs. With the addition of Raloid, Primus further strengthens its position as a Tier 1 supplier in the defense industry. Raloid will continue to operate under its existing brand name.
Quick answer
Primus Aerospace is acquiring Raloid Corporation, announced June 28, 2022.
- How much did Primus Aerospace pay for Raloid Corporation?
- The deal value was not disclosed.
- What does Primus Aerospace do?
- Founded in 1998, Primus Aerospace produces complex machined components and integrated assemblies for the aerospace national defense and space sectors.
Source: Fundz verified event record.
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Frequently asked
Who acquired Raloid Corporation?
Raloid Corporation was acquired by Primus Aerospace. The deal was reported on June 28, 2022. Founded in 1998, Primus Aerospace produces complex machined components and integrated assemblies for the aerospace national defense and space sectors. Primus Aerospace is privately held and operates in Manufacturing.
When did Primus Aerospace acquire Raloid Corporation?
Primus Aerospace's acquisition of Raloid Corporation was reported on June 28, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Raloid Corporation do?
Raloid Corporation is a precision component manufacturer headquartered in Reisterstown, Maryland. Since 1964, Raloid has been machining components and subassemblies for aerospace, defense, and space platforms. It is privately held, operating in Manufacturing.
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