M&A
confidence high
sentiment positive
materiality 0.80
Stanley Black & Decker sells CAM to Howmet Aerospace for $1.8B; debt reduction target 2.5x
STANLEY BLACK & DECKER, INC.
- Sale of Consolidated Aerospace Manufacturing to Howmet Aerospace for $1.805B cash; after-tax proceeds $1.525B-$1.6B.
- CAM expected FY2025 revenue $405-415M; adjusted EBITDA margin approaching high-teens.
- Proceeds to reduce debt toward 2.5x net debt/adj. EBITDA target; no EPS dilution expected.
- Transaction expected to close in H1 2026, subject to regulatory approvals and customary conditions.
- CEO cites focus on core brands and shareholder value enhancement.