Novaria Group Announces Acquisition of Hydro Fitting Manufacturing
Summary
This is Novaria’s sixth acquisition since April 2020 as the Fort Worth-based company continues to strengthen its robust family of aerospace and defense components. Established in 1962 and incorporated in 1981, Hydro Fitting works with clients in aerospace, commercial automotive, mining and heavy equipment, defense and other industries. “They have a proven track record in manufacturing and supplying components that are vital to the aerospace and defense industries, which fits perfectly within Novaria’s vision and product strategy. “Becoming part of Novaria represents many things for Hydro Fitting – opportunity, market access, growth – all of which we couldn’t be more excited about.” Terms of the deal were not disclosed. Novaria Group is a privately held business focused on precision component companies that deliver optimum performance and sustainable growth with the aerospace and defense marketplace.