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Delayed · 16:25 UK

Belcan acquires Schafer Corporation

Belcan, LLC has completed its acquisition of Schafer Intermediate Holdings, LLC , the company said.

Terms were not disclosed.

Belcan is a portfolio company of AE Industrial Partners, LLC (AEI), a private investor in aerospace, power generation, and specialty industrial companies.

Schafer represents the fifth acquisition completed by Belcan in less than two years under AEI´s ownership.

Belcan is a global supplier of engineering, technical recruiting, and IT services to customers in the aerospace, defense, industrial, and government sectors.

Published by Financial News