KAMAN TO BE ACQUIRED BY ARCLINE FOR $1.8 BILLION

22 January 2024

On January 19th, 2024 Kaman Corp. (“Kaman”, NYSE: KAMN) announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P., a growth-oriented private equity firm, in an all-cash transaction

Under the terms of the agreement, Kaman shareholders will receive $46.00 per share in cash.

The offer price reflects an enterprise value of approximately $1.8 billion.

The transaction has been unanimously approved by the Kaman Board of Directors and is expected to close in the first half of 2024, subject to customary closing conditions, including approval by Kaman shareholders and receipt of required regulatory approvals.

KAMAN TO BE ACQUIRED BY ARCLINE FOR $1.8 BILLION


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