Reinhold Industries Inc., a maker of aircraft seating components and aerospace solutions, has acquired Enpro Engineered Products Inc., a supplier of custom designed and manufactured components for the commercial aircraft industry. No financial terms were disclosed. Reinhold Industries is owned by The Jordan Company.
Reinhold Industries, Inc., (“Reinhold”) a leading independent supplier of aircraft seating components and Aerospace solutions, announced today that it completed the acquisition of Enpro Engineered Products, Inc. (“Enpro”) on June 3rd, 2010.
Enpro is a leading independent supplier of custom designed and manufactured components for the commercial aircraft industry including a line of proprietary headrests, footrests, armrests and other seating mechanisms and assemblies.
“The acquisition of Enpro represents a significant step for Reinhold, supporting Reinhold’s strategy of growth in the commercial aircraft industry,” said Clarence Hightower, CEO of Reinhold. “The combination of Reinhold and Enpro is a logical step forward and will allow us to supply a more complete product offering to our aircraft seating customers.” Hightower went on to say, “With this combination, we feel we add further value to our customers and provide new unique solutions to an industry that is constantly seeking innovation.”
“I look forward to joining the Reinhold team and am excited about the potential it brings. Reinhold’s expertise in composite solutions coupled with our teams design talents will present great opportunity for developing unique and innovative solutions,” said Robert Clough, Founder of Enpro, who has joined Reinhold as Vice President of Seating Products.
Reinhold Industries, Inc. is an affiliate of The Jordan Company.
The Jordan Company (www.thejordancompany.com), founded in 1982, is a leading middle market private equity firm with over $5 billion of assets under management and a successful track record of investing in and growing businesses across a wide range of industries.