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Loar Holdings Inc. Announced The Completion of its Acquisition of LMB Fans & Motors
Accessnewswire· 2025-12-26 13:00
Core Viewpoint - Loar Holdings Inc. has successfully completed the acquisition of LMB Fans & Motors for €367 million, along with the assumption of debt, marking a significant expansion in its portfolio of high-performance manufacturing capabilities [1] Group 1: Acquisition Details - The acquisition cost of LMB Fans & Motors is €367 million, which was paid in cash at closing [1] - The deal includes the assumption of debt, indicating a strategic financial commitment by Loar Holdings [1] Group 2: Company Background - LMB Fans & Motors has been in operation for over 60 years, establishing itself as a global leader in the design and manufacturing of customized, high-performance fans and motors [1]