Novaria Group Acquires Sky Manufacturing From MacLean-Fogg
Fort Worth-based Novaria Group announces the acquisition of substantially all the assets of Sky Manufacturing (formerly MacLean Sky), an industry-leading manufacturer of aircraft structural fasteners, from MacLean-Fogg Component Solutions. Novaria will continue the growth and expansion of Sky’s products by delivering enduring value to customers and employees. Novaria plans for the operation to continue doing business as Sky Manufacturing.
“Sky’s capabilities further enhance and diversify our position in the aerospace fastener market,” said Bryan Perkins, co-CEO and president of Novaria Group.Sky has been a dependable source for high-strength, close tolerance, fatigue-rated fasteners and has successfully served the global commercial aerospace and military markets.
Sky’s products will serve as a complementary addition to Novaria’s growing portfolio. Earl Larkin, Novaria executive vice chairman and co-CEO stated, “Sky will operate within Novaria’s Class-C Hardware Platform, led by Monty Gillespie, Novaria’s Class-C Hardware president. This acquisition provides a variety of near-term and long-term opportunities with several of our growing businesses.”
Sky operates in a total of 20,000 sq. ft. in Commerce, California. The company has approximately 50 employees and was founded in 1997. Gillespie commented on the plan for operations, saying, “We will immediately assess the opportunities for continued expansion and optimization of the business. As with our current operations, we will take a deliberate approach to improving performance to exceed customer expectations.”