LMI Aerospace to Buy Valent for at Least $237M - The Missourian: Local News

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LMI Aerospace to Buy Valent for at Least $237M

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Posted: Thursday, December 6, 2012 12:40 pm

ST. LOUIS (AP) — LMI Aerospace Inc., which provides design services and components for aircraft, said Thursday that it has agreed to buy Valent Aerostructures LLC for at least $237 million in cash and stock.

LMI, which is based in St. Louis, said the addition of Valent will diversify its lineup of products and services, while boosting the growth of its existing product platforms.

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