McConaghy announces acquisition of Cure Marine Brand and intellectual property - Marine Business News
McConaghy→Cure Marine
Apr 16, 2026

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TriMas reported fourth quarter and full-year 2025 results and updated shareholders on its previously announced Aerospace divestiture. The company said the Aerospace transaction continues to progress as planned, with completion expected in mid-to-late March.
TriMas moved Aerospace to Discontinued Operations and said proceeds from the divestiture will fund reinvestment, expansion into packaging and life sciences opportunities, and value creation. The filing also notes cost reduction initiatives expected to generate $15 million in annualized savings.
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