M&A
confidence high
sentiment positive
materiality 0.85
Howmet Aerospace to acquire Consolidated Aerospace from Stanley Black & Decker for ~$1.8B
Howmet Aerospace Inc.
- All-cash purchase price of approximately $1.8 billion; expected close in first half of 2026.
- CAM is a leading global designer and manufacturer of precision fasteners and fluid fittings for aerospace and defense.
- Howmet expects CAM to generate FY2026 revenue of ~$485-495M, with adjusted EBITDA margin >20% before synergies.
- Synergies and favorable tax treatment expected to yield ~13x adjusted EBITDA transaction multiple for FY2026.
- Executive Chairman and CEO John C. Plant says acquisition builds out differentiated fastener portfolio.