TRIMAS CORP

TriMas designs, develops, and manufactures a diverse range of products for the consumer products, aerospace and defense, and industrial markets. The company operates through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups. TriMas, headquartered in Bloomfield Hills, Michigan, has approximately 3,700 employees across 37 manufacturing and support locations in 13 countries. On November 4, 2025, TriMas entered into an Equity Purchase Agreement to sell TriMas Aerospace to Takeoff Buyer, Inc., an affiliate of Tinicum L.P. and funds managed by Blackstone, Inc. The purchase price for TriMas Aerospace is approximately $1.45 billion in cash, subject to customary adjustments. This sale is expected to close in the first quarter of 2026. Consequently, the financial results of the Aerospace segment are presented as a discontinued operation, and its assets and liabilities have been reclassified as held for sale in all periods presented in the financial statements. In 2025, TriMas's net sales from continuing operations were $645.7 million, operating profit from continuing operations was $41.3 million, and net cash provided by operating activities was $117.5 million. Approximately 66% of the 2025 net sales from continuing operations were generated from sales in North America. The company emphasizes its innovative manufacturing and product technologies, including proprietary manufacturing processes, advanced automation, and specialized technical capabilities.