OEP to acquire Barnes Group’s Associated Spring and Hänggi businesses

The deal is valued at $175 million.

  • Based in Bristol, Connecticut, Barnes Group is a provider of engineered products, differentiated industrial technologies, and solutions
  • The transaction is expected to close in early 2024
  • BofA Securities served as financial advisor to Barnes

Barnes Group has agreed to sell its Associated Spring and Hänggi businesses to One Equity Partners.

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