Novaria
Fort Worth-based Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, on Wednesday announced the acquisition of Hydro Fitting Manufacturing Corporation.
Terms of the deal were not disclosed.
The acquisition marks Novaria’s sixth since April 2020 as the company “continues to strengthen its robust family of aerospace and defense components,” according to a news release coinciding with the transaction.
Hydro Fitting specializes in custom high-pressure valves, charging kits, hose assemblies and fittings.
“We’re excited to embark on our relationship with Hydro Fitting,” says Novaria CEO Bryan Perkins in a statement. “They have a proven track record in manufacturing and supplying components that are vital to the aerospace and defense industries, which fits perfectly within Novaria’s vision and product strategy. I have personally admired their defense products and superb customer service for over two decades and am excited to welcome them to our family.”
Established in 1962 and incorporated in 1981, Hydro Fitting works with clients in aerospace, commercial automotive, minijng and heavy equipment, defense and other industries. Hydro Fitting will continue to be based in Covina, California, and will complement Novaria’s existing fitting business, Acra Aerospace.
“We look forward to Novaria continuing to build on the foundation we’ve established at Hydro Fitting,” Hydro Fitting President Seth Schwartz says. “Becoming part of Novaria represents many things for Hydro Fitting — opportunity, market access, growth — all of which we couldn’t be more excited about.”