This website uses cookies
More information
Navigate directly to favourite company, aircraft and sector pages with our tracker feature.

PRESS RELEASE
Issued by:

Kaman completes acquisition of Bal Seal Engineering, Inc.
Friday, 3 January 2020

Kaman Corp. announced today that it has completed the previously announced acquisition of Bal Seal Engineering, Inc., a leader in the design, development, and manufacturing of highly engineered products including precision springs, seals, and contacts. With this acquisition, Kaman has significantly expanded its portfolio of engineered products and offerings while creating new opportunities to reach customers in medical technology, aerospace and defense, and industrial end markets.

"I want to welcome all the employees of Bal Seal to the Kaman family," stated Rick Barnhart, President, Kaman Aerospace Group. "We look forward to working with Rick Dawson and the entire team at Bal Seal to continue to build upon the history of hard work, innovation, and ingenuity that has made Bal Seal a world class supplier of seals, springs, and contacts for over 60 years."

"We are excited to welcome the Bal Seal team to Kaman as we work together to leverage our expanded portfolio of highly engineered products, proprietary technologies and deep customer relationships," said Neal J. Keating, Chairman, President and CEO. "Together with Bal Seal, Kaman is uniquely positioned to capitalize on the significant growth opportunities across a number of attractive end markets, including the higher growth medical end market. We look forward to realizing the strategic and financial benefits of this transaction, including anticipated meaningful near-term margin and cash flow accretion."

Contact details from our directory:
Kaman Aerosystems Airframer
Bal Seal Engineering, Inc. Rotating & Non-Rotating Seals, Mechanical Connectors, EMI/RFI Shielding, PTFE Seals, Electrical Contacts, Latch Fasteners, Custom Fasteners
Related directory sectors:
Structural Components
Mechanical Connectors
Mechanical Components