BLOOMFIELD HILLS—TriMas Corp. (Nasdaq: TRS), the Bloomfield Hills-based diversified manufacturer, announced an agreement to acquire RSA Engineered Products LLC of Simi Valley, Calif. Terms were not disclosed.
RSA manufactures complex air ducting, connectors, and other components for aerospace and military applications. RSA will become part of TriMas’ Aerospace segment when the transaction is complete, which is anticipated by March 31.
TriMas President and CEO Thomas Amato said RSA “will enhance the breadth of TriMas Aerospace’s product line offering. RSA also increases our position in the defense and business jet markets, as well as adds to our aerospace and defense aftermarket capabilities.”
The majority of RSA’s sales are through military, commercial, regional and business jet end markets. RSA has approximately 100 employees and generates approximately $32 million in annual revenue.
RSA Engineered Products is a portfolio company of Merit Capital Partners and Cornerstone Capital Holdings.
TriMas has approximately 3,400 employees in 11 countries. More at www.trimascorp.com.