Thiokol, Carlyle close on Howmet for $750 million

Thiokol Corp. and aerospace-heavy merchant bank The Carlyle Group closed last week on their joint purchase of gas turbine components and repair giant Howmet Corp. for $750 million. "The new owners support Howmet's management philosophy and the direction we are taking the company," said Howmet...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.