Howmet Aerospace Inc. completed the acquisition of Consolidated Aerospace Manufacturing, LLC from Stanley Black & Decker, Inc..

NodeGuardian · 2026-04-06T16:43:52+00:00

Howmet Aerospace Inc. has acquired Consolidated Aerospace Manufacturing for $1.805 billion, financed by notes and commercial paper, with no expected dilution in earnings per share. Stanley Black & Decker will use the proceeds to reduce debt.

NodeGuardian

2026-04-06 16:43:52

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Howmet Aerospace Inc. has successfully completed its acquisition of Consolidated Aerospace Manufacturing, LLC from Stanley Black & Decker, Inc. for a cash purchase price of $1.805 billion. The transaction, which Howmet Aerospace expects to avoid earnings per share dilution from, was financed partially by $1.2 billion in notes and $600 million from commercial paper or debt facilities. Stanley Black & Decker plans to use the proceeds to reduce debt.

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