TriMas completes $1.45B sale of Aerospace segment to Tinicum/Blackstone affiliate

TRIMAS CORP

Sale closed March 16, 2026 for $1.45B cash; estimated net after-tax proceeds ~$1.2B.
Proceeds to fund organic growth, acquisitions, and share repurchases, per CEO Thomas Snyder.
Pro forma 2025 net income from continuing ops falls to $18.4M ($0.46 EPS) from $120.1M reported.
TriMas will provide transitional services under a TSA; transaction first disclosed Nov 4, 2025.
Aerospace business sold to PennAero, portfolio company of Tinicum L.P. and Blackstone-managed funds.

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