Howmet Aerospace has agreed to acquire Consolidated Aerospace Manufacturing (CAM) from Stanley Black & Decker for $1.8 billion cash.

Founded in 2012, Brea, CA-based CAM has a portfolio that includes Bristol Industries, Aerofit, Voss Industries, 3V Fasteners, QRP, and Moeller Manufacturing.

Howmet expects CAM — a global group of manufacturers supplying high-performance components and fastening solutions to the aerospace industry — to generate FY 2026 revenue of approximately $485 to $495 million, with adjusted EBITDA margin of 20%.

“The acquisition of CAM is a major step in our strategy to build out our differentiated fastener portfolio,” stated Howmet CEO John Plant when the deal was announced last December.

Stanley Black & Decker sold CAM to “significantly” reduce debt with $1.57 billion (net of taxes and fees) in net proceeds from the transaction, and to focus on its core businesses.