Overview
- The all-cash transaction is slated to close in the first half of 2026, pending regulatory approvals and customary conditions.
- Howmet projects CAM will generate $485 million to $495 million in fiscal 2026 revenue with adjusted EBITDA margins above 20% before synergies.
- Stanley Black & Decker projects CAM at $405 million to $415 million in 2025 revenue with an adjusted EBITDA margin approaching the high teens.
- Howmet describes CAM’s fasteners, fittings, and engineered components as a strategic complement to its aerospace fastening and engineered systems portfolio.
- Shares of both companies moved higher after the announcement, with SWK up several percent and HWM also advancing.