Aeromax Industries has acquired The Ely Co., a precision aerospace machining company based in Torrance, California, expanding its capabilities in metallic component manufacturing.

AcquirerAeromax Industries (US)
TargetThe Ely Co. (US)
Type of DealAcquisition
Closing DateApril 6, 2026
Deal ValueUndisclosed
Sell-side Financial AdvisorsBarnes Associates

Deal Mechanics

Aeromax Industries, a diversified commercial and military aerospace aftermarket support company, has acquired The Ely Co., Inc. Terms of the transaction were not disclosed. Headquartered in Torrance, California, Ely specializes in precision machining of metallic components for both commercial and military aircraft.

Strategic Rationale

The acquisition enhances Aeromax’s manufacturing capabilities by integrating Ely's expertise in tight tolerance metallic component production, supporting the company's strategic plan to expand its offerings. This move is expected to solidify Aeromax’s position within the aerospace supply chain.

Financial Context

Aeromax, a portfolio company of Chimney Rock Equity Partners since an undisclosed date, aims to leverage Ely’s 60-year legacy in the Southern California aerospace industry. Ely's capabilities are seen as complementary to Aeromax's existing services, positioning the combined entity for further growth and operational synergies.

Advisors

Barnes Associates served as financial advisor to The Ely Co., with legal advisors not disclosed on either side of the deal.

Outlook

The combination is expected to bolster Aeromax's ability to provide high-quality, precision-manufactured components to its global customer base. Kurt and Wally Senff will continue leading Ely as part of Aeromax, ensuring a smooth transition.