Valent Aerostructures Sold
Valent Aerostructures, which has several manufacturing, assembly and processing facilities in Missouri, including this plant in Washington, is being acquired by LMI Aerospace in St. Charles. LMI will pay $237 million to shareholders of privately held Valent and retain obligations of $9.7 million. Combined, the companies’ annual sales will total more than $480 million in 2013. Missourian Photo.
Posted: Saturday, December 8, 2012 9:00 am
Aircraft parts manufacturer and engineering firm LMI Aerospace in St. Charles is acquiring Kansas City-based Valent Aerostructures in a $247 million deal.
Valent has 650 employees and several manufacturing, assembly and processing facilities in Missouri, Kansas and Oklahoma, including sites in Cuba, Washington and St. Louis.
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Saturday, December 8, 2012 9:00 am.