Home Aviation Hexcel acquiring aerospace and defense business of Oxford Performance Materials

Hexcel acquiring aerospace and defense business of Oxford Performance Materials

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Stamford’s Hexcel Corp. has entered into a definitive agreement to acquire the aerospace and defense business of Oxford Performance Materials. The acquisition, whose financial terms were not disclosed, is expected to close later this month.

excel oxford aerospaceOPM A&D produces qualified, high-performance thermoplastic, carbon fiber reinforced 3D-printed parts for commercial aerospace and space and defense applications. The asset acquisition includes equipment, intellectual property and manufacturing process technology related to the A&D business operations in South Windsor. Other businesses of OPM are not included in the deal.

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