Novaria Group acquired aerospace fastener manufacturer Space-Lok, Inc. Terms of the deal were not disclosed.
Los Angeles-based Space-Lok becomes a part of Novaria Fastening Systems, which includes Sky Aerospace Products and John Hassall Inc.
Established in 1962, Space-Lok designs and manufactures internally and externally threaded fasteners and component mechanisms for all sectors of the aerospace industry. Space-Lok’s manufacturing facility capabilities include CNC machining, hot and cold forging, thread rolling, gun-drilling, grinding, EDM machining, tapping and tool making. Web: space-lok.com
“We are proud to add Space-Lok to our award-winning team of fastener companies at Novaria,” said Monty Gillespie, president of Novaria Fastening Systems. “Space-Lok will continue to be managed in the same successful manner it has always, bringing capabilities that allow for quick and customized solutions for customers.”
Space-Lok former owner Jeff Wade called the deal “a strategic move for both Space-Lok and Novaria that will greatly boost growth opportunities.”
Led by founders Bryan Perkins and Earl Larkin, Fort Worth, TX-based Novaria Group provides fasteners and other products to the aerospace and defense industries. Business units include ESNA, Space-Lok, John Hassall, Weatherford Aerospace, V&M Aerospace, Ferco Tech, and L&E Engineering. Web: novariagroup.com
Share: