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Stock Market & Financial Investment News

News Breaks
January 15, 2013
10:01 EDTTRSTriMas unit acquires Gasket Vedacoes Tecnicas
Lamons, a TriMas Corporation business, continues to expand its global footprint and product portfolio in the rapidly growing energy market of Brazil. Lamons acquired Gasket Vedações Técnicas Ltda on January 14. Located in Rio de Janeiro, Gasket Vedações Técnicas Ltda is a recognized manufacturer and supplier of American Petroleum Institute 6A approved ring-type joints for the onshore and offshore drilling markets, as well as distributor of additional gasket types for the refining and petrochemical markets.
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July 28, 2014
10:01 EDTTRSTriMas acquires Lion Holdings Pvt for $27M in cash
TriMas Corporation announced that it has acquired Lion Holdings Pvt. Ltd. for $27M, paid in cash at closing. The transaction closed July 25 at which time Lion Holdings became part of the company's Packaging segment. Lion Holdings, headquartered in Greater Noida, India, specializes in the manufacture of highly engineered dispensing solutions. From its three locations in India and Vietnam, Lion Holdings generated approximately $10M in revenue for the 12 months ended June 30.

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