WOODWARD PARK PARTNERS ADVISES TRIMAS IN ITS SALE OF ARROW ENGINE TO IES INFRASTRUCTURE SOLUTIONS
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IES Infrastructure Solutions, a division of IES Holdings, has acquired Arrow Engine Company from TriMas Corporation. This transaction was advised by Woodward Park Partners.
February 07, 2025 | 6:30 pm
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NEUTRAL IMPACT
TriMas Corporation has sold its subsidiary, Arrow Engine Company, to IES Infrastructure Solutions.
The sale of Arrow Engine by TriMas Corporation may have a neutral impact on its stock in the short term as it divests a subsidiary, potentially reallocating resources.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
IES Holdings, through its division IES Infrastructure Solutions, has acquired Arrow Engine Company from TriMas Corporation.
The acquisition of Arrow Engine by IES Infrastructure Solutions, a division of IES Holdings, is likely to positively impact IES Holdings' stock as it expands its business operations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80