Arcline Completes $1.8B Buyout of Kaman

Kaman Corp, the aerospace and defense components maker, completed its acquisition by Arcline Investment Management, resulting in delisting from the NYSE and Kaman becoming privately held. The buyout was valued at $1.8 billion, and the transaction followed Arcline’s announced acquisition in January 2022 and closing in September 2022.

Shareholders received $46 per share in cash, and trading ceased on the NYSE. The article links the private ownership transition to investor focus on integration progress and aerospace sector headwinds affecting supply chains and demand visibility.