FORT WORTH, Texas--(BUSINESS WIRE)--Novaria Group, a leading manufacturer of specialty components and hardware for the aerospace and defense industries, announced today it has acquired Anillo Industries, a longstanding best-in-class manufacturer of washers, shims, spacers, plain bearings and stampings. Terms of the deal were not disclosed.
Founded in 1957, Anillo Industries supplies customers worldwide with essential military and commercial aerospace hardware. Its differentiated in-house capabilities include tool and die design and fabrication, processing and painting.
“The acquisition of Anillo will further strengthen the value we deliver to our customers in the defense and aerospace sectors,” Novaria CEO Bryan Perkins said. “The critical parts Anillo manufactures are second to none, and Anillo’s reputation as an innovative and trusted industry supplier for more than six decades aligns perfectly with our mission at Novaria.”
The company’s Orange, California, operations will continue at its 75,000-square-foot facility under the direction of brothers Kurt and Mark Koch, who will remain in their current roles for a transitional period.
“We are excited to partner with Novaria Group,” Anillo President Kurt Koch said. “As we embark on this new chapter, we look forward to the opportunities that lie ahead. Our shared commitment to excellence and innovation will enable us to better serve our customers and drive continued growth for both companies.”
D.A. Davidson & Co. advised Anillo on the transaction.
About Novaria Group
Novaria Group is a privately held business focused on precision component companies that deliver optimum performance and sustainable growth within the aerospace and defense marketplace. For more information on Novaria’s business units, please visit www.novariagroup.com.
