Novaria Group Announces Acquisition of John Hassall

Fort Worth-based Novaria Group announces the acquisition of substantially all the assets of John Hassall, Inc. (“John Hassall”), a provider of aircraft engine fasteners, bolts, blade locks and other flight critical hardware, located in Long Island, N.Y. The company also manufactures a diverse set of products for use in select automotive and industrial applications. The company holds a variety of key customer quality approvals as well as current AS9100C and Nadcap certifications.

Novaria has established a new entity, John Hassall, LLC, which operates substantially all of the assets of John Hassall, Inc., services existing and legacy customers and will continue doing business as John Hassall. Novaria is taking immediate steps to improve operations and expand the capabilities of the business.

John Hassall specializes in the cold heading, hot forming, thread rolling, heat treatment, and metallurgical testing of complex and specialty fasteners used in the hot section of aircraft engines. The company’s roots date back to 1850 when it obtained the first U.S. patent for an automated fastener manufacturing machine, currently housed in the Smithsonian museum.

Novaria Group has acquired other manufacturing subsidiaries and views the assets of John Hassall as a complementary addition to its portfolio. Earl Larkin, executive vice chairman and co-CEO stated, “John Hassall, LLC will operate within Novaria’s Class-C Hardware Platform, led by Monty Gillespie, Novaria’s Class-C Hardware president. We have been very pleased with our decision to expand and complement Novaria’s current subsidiaries with John Hassall, as it will provide new opportunities to service and support Novaria’s customer base.”