The Triumph Group, of Berwyn, Pennsylvania has acquired Embee Incorporated, a leading commercial metal finishing provider in Santa Ana, California that offers more than 70 metal finishing, inspecting and testing processes primarily for the aerospace industry.
The acquired business, which will operate as Triumph Processing - Embee Division and be included in Triumph’s Aerospace Systems Group, is expected to add approximately $50 million of annual revenue and to be immediately accretive to earnings.
Embee employs approximately 400 people. The company’s key offerings include high velocity oxy fuel, anodize/hard anodize, paint, chrome plating, shot peen and cadmium plating. Embee holds multiple AS 9100 and NADCAP certifications as well as OEM approvals from the industry’s prime commercial and military contractors. The company also serves the specialty automotive, medical device and electronic industries.
“We view the Embee acquisition as an unique opportunity to expand our current capabilities and to provide comprehensive processing services on precision engineered parts for hydraulics, landing gear, spare parts and electronic actuation systems,” says Jeffry Frisby, Triumph’s President and Chief Executive Officer. “We believe this addition is an excellent strategic fit within our Aerospace Systems Group and will position us well for future growth.”
Triumph Group designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.blog comments powered by Disqus