LMI Aerospace to buy Valent Aerostructures for $247 million

LMI Aerospace Inc.announced today that it has agreed to acquire Kansas City-based Valent Aerostructures LLC for $237 million, plus $9.7 million of certain retained obligations.

Valent is a provider of structural components, major sub-assemblies and machined parts for airframe manufacturers in the aerospace and defense industries. It makes parts for major commercial, business jet and military platforms, including the Boeing 737, 747-8, 777, 787, V-22 and Gulfstream G650.

Read more on St. Louis Business Journal.


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