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Stock impact report

One Equity Partners Completes Acquisition of Associated Spring

Barnes Group, Inc. (B) 
Last barnes group, inc. earnings: 4/24 06:30 am Check Earnings Report
Company Research Source: Business Wire
Transaction Highlights OEP’s Carve-out Capability in Industrials NEW YORK--(BUSINESS WIRE)--One Equity Partners (“OEP”), a middle market private equity firm, today announced it has completed the acquisition of engineered spring and precision components manufacturer Associated Spring (or “the Company”) from global industrial technology and aerospace manufacturer Barnes Group Inc. (NYSE: B).Founded in Bristol, Connecticut, Associated Spring is a leading manufacturer of custom parts, including engineered springs and high precision metal components, as well as stamped manufactured solutions and assemblies for industrial, medical, and automotive applications. The Company has a scalable, global operating footprint with six production facilities across the Americas, Europe, and Asia and over 800 employees worldwide.“This acquisition is another example of OEP’s ability to execute corporate carve-outs of attractive and specialized industrial assets from major industry players,” said Ante Ku Show less Read more
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