Novaria Group, a Fort Worth-based manufacturer of specialty components and hardware for the aerospace and defense industries, has acquired Precision Aero Corp. (PAC), a subsidiary of Precision Products Machining Group (PPMG).

Bryan Perkins

“The acquisition of PAC supports Novaria’s continued commitment to enhancing the aerospace supply chain,” Novaria CEO Bryan Perkins said in a statement. “PAC’s technical expertise and proprietary products enhance our ability to serve key customers and expand our portfolio of safety-critical components.”

Terms of the deal were not disclosed.

Headquartered in Troy, Ohio, PAC is a leader in the manufacturing of fusible plugs and specialty aftermarket components for safety-critical aerospace applications. PAC serves global aerospace customers with proprietary products and specialized components including fusible plugs and other custom parts that support the wheel and brake systems. The company said it has built a strong reputation for delivering high-performance solutions used in “demanding, mission-critical applications.”

Under Novaria, PAC will continue operating from its Troy facility and site-level leadership will remain the same.

“We’re proud of the success PAC has achieved under our ownership,” PPMG CEO Donald Brown said in a statement. “Novaria is well-equipped to take the company forward, and we’re confident that PAC’s customers and employees will benefit from this next chapter of growth under Novaria’s leadership.”

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