29 April 2014
Kaman Corp. (NYSE: KAMN) said it has completed the acquisition of the operating assets of B.W. Rogers company and certain affiliated entities by its distribution segment, acting through its subsidiary, Kaman Fluid Power, LLC. Terms of the transaction were not disclosed.
The acquisition of B.W. Rogers expands Kaman´s capabilities in both the fluid power and automation and motion control product areas. B.W. Rogers, which operates from twenty-one locations in seven states from the Northeast to the Midwest, is a tri-motion distributor of Parker Hannifin motion and control products and represents many other premium manufacturers. Approximately 240 former B.W. Rogers´ employees have joined Kaman. The acquired operations of B.W. Rogers had 2013 sales of approximately USD100m.
Kaman Corp., founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the industrial distribution and aerospace markets. More information is available at www.kaman.com.