Stanley Black & Decker Agrees to Sell CAM for USD 1.8 Billion

Howmet Aerospace agreed to acquire Consolidated Aerospace Manufacturing from Stanley Black & Decker for approximately USD 1.8 billion in cash, the companies announced on December 22, 2025. The transaction would transfer a supplier of precision fasteners, fluid fittings and other engineered aerospace components.

In Howmet's acquisition announcement, the buyer described CAM as a complement to its existing aerospace fastening portfolio. The business serves aircraft and defense applications where components must meet demanding technical requirements, placing the deal within Howmet's industrial focus rather than its seller's consumer-tool operations.

Howmet expected CAM to generate 2026 revenue of USD 485–495 million and an adjusted EBITDA margin above 20% before synergies. Those were buyer estimates made when the agreement was signed. The release also described anticipated tax benefits and operational synergies, which formed part of the transaction rationale rather than completed financial results.

Completion was expected during the first half of 2026, subject to regulatory approval and other customary conditions. The December news therefore records a definitive agreement, with ownership transfer still pending at that point. For Stanley Black & Decker, the disposal would narrow the portfolio around its remaining businesses; the separate closing announcement would establish when the transaction actually took effect.