Thermal processing services provider Bodycote has bought the heat treatment business of US aircraft manufacturer Curtiss-Wright Corporation, a bolt-on acquisition thought to fit 'extremely well' with the existing business, the group said.
Bodycote has purchased nine sites in northern and central America for a total consideration of $52m using existing cash and bank facilities. These serve a wide range of industries but have a particular focus on commercial aerospace and oil and gas.
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