TriMas Completes Sale of Lamons Business

TriMas completed the sale of its Lamons business, a provider of sealing products for the oil and gas end markets, on December 20, 2019. The divestiture significantly reduced TriMas' exposure to the oil and gas end market.

“On December 20, 2019, the Company completed the sale of its Lamons business, a provider of sealing products for the oil and gas end markets, with annual revenues of approximately $180 million.”

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