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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 end markets, reducing its sales exposure to that 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”

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.