TriMas Expands Aerospace Reach with GMT Acquisition
Deal News | Feb 26, 2025 | Legal Community Germany
Bird & Bird announced its advisement of TriMas Corporation in the acquisition of Gummi-Metall-Technik's (GMT) aerospace business unit. The move is aimed at bolstering TriMas's product offerings in the aerospace and defense sectors while enhancing its ties with European defense suppliers. TriMas Corporation is a diversified U.S.-based manufacturer focusing on packaging, aerospace, and specialty products with a global clientele. GMT, a German company established in 1968, is renowned for its anti-vibration technology components serving industries such as machinery, aviation, and rail vehicles. The acquisition deal underscores Bird & Bird's capability to manage intricate cross-border legal transactions and its ongoing collaboration with U.S. firms. The Bird & Bird team involved various experts from their corporate, commercial, competition, dispute resolution, employment, finance, IP, real estate, and tax sectors, stretching across Germany, London, and Paris.
Sectors
- Aerospace & Defense
- Manufacturing
- Legal Services
Geography
- United States – TriMas Corporation is headquartered in Bloomfield Hills, Michigan, USA.
- Germany – GMT, the target company, is based in Bhl, Germany, and Bird & Bird's team included members from Germany.
- United Kingdom – Bird & Bird's involvement included legal directors from London, indicating UK’s role in the transaction.
- France – One of the Bird & Bird partners involved in the transaction is based in Paris, France.
Industry
- Aerospace & Defense – The transaction involves the acquisition of an aerospace business unit, which will enhance TriMas’s offerings in the aerospace and defense sectors.
- Manufacturing – TriMas and GMT both operate within the manufacturing domain, focusing on engineered products and components.
- Legal Services – Bird & Bird, a legal firm, provided advisement for the transaction, highlighting the legal sector’s involvement.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TriMas Corporation | Bidding Company | Company | A diversified manufacturer of engineered products with operations in aerospace, packaging, and specialty products, based in Michigan, USA. |
| Gummi-Metall-Technik (GMT) | Target Company | Company | A German company known for anti-vibration technology components and systems, serving industries like aviation, machinery, and rail. |
| Bird & Bird | Legal Advisor | Company | An international law firm that advised TriMas in the acquisition of GMT’s aerospace business unit. |
| Stefanie Orttmann | Lead Partner | Person | Lead partner at Bird & Bird overseeing the legal advisement for this transaction. |