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Business/Financial

Arlington Capital Company To Acquire Kreisler Manufacturing

By Cal Biesecker

Tuesday, May 31st, 2016

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Arlington Capital Company To Acquire Kreisler Manufacturing

Metal braided hose manufactured by United Flexible. Photo: United Flexible

The private equity firm Arlington Capital Partners said on Tuesday that its portfolio company United Flexible has agreed to acquire Kreisler Manufacturing Corporation [KRSL], a manufacturer of precision metal components and assemblies used in commercial and military aircraft engines and industrial gas turbines.Illinois-based United Flexible is paying $18 per share in cash for New Jersey-based Kreisler. The deal is expected to close during the second quarter of 2016. The combined company will have about 700 employees.Arlington Capital said the pending…

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