Novaria to Acquire FMi Chemical to Strengthen Aerospace Offerings.
MANews-(C)2009-2022
Texas-based aerospace-focussed hardware manufacturer Novaria Group has agreed to acquire Connecticut-based FMi Chemical, Inc., a supplier of nonmetallic aerospace sealants, compounds and coatings for aircraft manufacturing and MRO, to strengthen components and service offerings, the company said.
Specific terms of the acquisition have not been publicly disclosed. At closing, Novaria will purchase FMi from its current owner, Harry Fine. The transaction is expected to close in May, subject to the satisfaction of customary closing conditions.
This is Novaria's second acquisition in the past month, and its...
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