M&A
confidence high
sentiment positive
materiality 0.60
Butler National acquires KC Machine for $2.9M to bolster aircraft parts fabrication
BUTLER NATIONAL CORP
- Acquired substantially all assets of KC Machine, LLC for approximately $2.9 million; deal closed September 29, 2023.
- KC Machine supplies precision machine parts, repairs, fabrication, and design engineering; ITAR and ISO 9001:2015 certified.
- Acquisition expected to create synergy with Butler's Avcon aircraft modification unit by reducing part costs and adding skilled workers.
- Former KC Machine CEO Keith Diebold will remain to support the transition and maintain customer relationships.