Carlyle-Backed Sequa Corporation Divests Precoat Metals

Sequa Corporation, a portfolio company of Carlyle, is selling its Precoat Metals business division to AZZ Inc. This divestiture allows Sequa to focus on its remaining Chromalloy aerospace business.

“I would like to thank the Precoat team for all of their contributions to Sequa,” said Tom Mepham, Chief Executive Officer of Sequa. “Precoat has been an important and valuable part of the Sequa story through its history, and I am excited for its next chapter with AZZ and for the future of Chromalloy as a focused, standalone high-growth aerospace and aeroderivative aftermarket business.”

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