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Business/Financial

Kaman Acquires U.K. Aerospace Firm Brookhouse Holdings

DDN

Friday, June 13th, 2008

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Kaman Corp. [KAMN] yesterday said it has acquired Brookhouse Holdings, Ltd., a United Kingdom-based designer and manufacturer of composite aerostructures, aerospace tooling and repair services for $85.1 million in cash, in a deal that fits with its goals to expand and diversify its Aerostructures Segment. "Brookhouse has developed a reputation as a leading edge technology composites company, has solid growth prospects, and brings with it strong relationships with prime manufacturers in both the military and commercial markets," Neil Keating, Kaman's…

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