TriMas Corporation(TRS)- NASDAQ
  • Sep. 22, 2014, 9:07 AM
    • Trimas (NASDAQ:TRS) -4.2% premarket after issuing downside guidance for FY 2014, lowering EPS outlook to $1.85-1.95 from prior $2.15-$2.25 vs. $2.17 analyst consensus estimate and sees revenues +6%-7% to $1.47B-1.49B vs. $1.5B consensus.
    • TRS also agrees to acquire Allfast Fastening Systems for ~$360M; Allfast manufactures solid and blind rivets, blind bolts, temporary fasteners and installation tools for the aerospace industry.
    | Sep. 22, 2014, 9:07 AM
  • Mar. 27, 2013, 2:53 PM

    TriMas (TRS +0.8%) acquires Wulfrun Specialised Fasteners for around $9.6M, subject to net working capital adjustments. Wulfrun is a manufacturer and distributer of specialty bolting and CNC machined components for use in oil and gas, pipeline and power generation applications. which generated approximately $10M in revenue in 2012.

    | Mar. 27, 2013, 2:53 PM