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Divestiture Dec 2019 Verified

TriMas Completes Sale of Lamons Business

TriMas completed the sale of its Lamons business, a provider of sealing products for the oil and gas and petrochemical end markets, on December 20, 2019.

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

Entities

Lamons · Subsidiary TriMas · Parent
Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.