Friday, December 26, 2025
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Aviation and Aerospace
Business Honor
26 December, 2025
The sale to Howmet Aerospace aims to reduce debt and focus on core brands enhancing shareholder value.
Howmet Aerospace will take over Stanley Black & Decker's Consolidated Aerospace Manufacturing (CAM) business for a cash purchase price of $1.8 billion. Stanley Black & Decker views this as a way to return value to their shareholders and to refocus on the core brand and businesses. President and CEO Chris Nelson believes strongly that this divestiture will allow Stanley Black and Decker to pay down an even greater amount of their debt getting them closer to their objective of having a Long Term Debt to Equity ratio at a minimum of 2.5 times their net debt to EBITDA. Mr. Nelson would like to thank all of the CAM employees for their hard work and dedication stating that their efforts contributed to the success of the CAM operation.
For fiscal year 2025, CAM expects revenue between $405 and $415 million, with a projected adjusted EBITDA margin in the high teens. Until the transaction closes, CAM will remain part of the ongoing activities of Stanley Black & Decker. According to the company the deal is expected to close during the first half of 2026 subject to regulatory clearance and customary closing conditions. John C. Plant, Executive Chairman and CEO of Howmet Aerospace referred to the acquisition as "another important step in the enhancement of our fastener portfolio" and stated that the strength of CAM's strong established brands and customer relations would complement the fasteners that Howmet Aerospace can currently supply.
As the transaction continues to progress, Stanley Black & Decker has not made any statements regarding the potential effects on CAM's employees but has assured its stakeholders that the company has a positive outlook on the financial side of the transactions.