senior plc agrees to acquire steico industries inc

LONDON - Senior plc announced that it will acquire aerospace tube and duct manufacturer Steico Industries Inc. The acquisition of Steico adds meaningful scale and capability to Senior’s established presence in the tube and duct space, and solidifies Senior’s position as the premier provider of aerospace tube and duct components and assemblies. Salem Partners acted as the exclusive advisor to Steico in its sale to Senior. (read more)