Novaria Group Acquires Anillo Industries
Summary
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. Founded in 1957, Anillo Industries supplies customers worldwide with essential military and commercial aerospace hardware. “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. 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.