Primus International Inc.

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Primus International Inc. - overview

Established

1998

Location

Bellevue, WA, US

Primary Industry

Aerospace

About

Primus International Inc. specializes in advanced manufacturing for the aerospace industry, focusing on the production of intricate structural components that enhance aircraft performance and safety. Founded in 1998 and headquartered in Bellevue, US, Primus International Inc. focuses on providing specialized manufacturing services for the aerospace sector.


The company was acquired by Precision Castparts Corp. in July 2011 for USD 900 mn. It has completed a total of 2 deals to date. PCC Aerostructures is recognized for its specialized manufacturing capabilities in the aerospace sector, focusing on producing complex structural components made from advanced materials.


The company’s product offerings include precision-engineered aerostructures like wing and fuselage components, which are integral to aircraft performance and safety. These components serve critical roles in commercial and military aircraft, addressing the need for lightweight yet durable structures that enhance fuel efficiency and operational capabilities. PCC Aerostructures' clientele includes major aerospace manufacturers and defense contractors, who rely on the firm’s expertise to meet stringent regulatory and performance standards. The company's products are supplied to markets across North America, Europe, and Asia, ensuring a broad geographic footprint in the aerospace industry.


PCC Aerostructures generates revenue primarily through direct business-to-business transactions with aerospace manufacturers and defense organizations. The company operates on a contract basis, supplying bespoke components tailored to the specifications of its clients. Revenue comes from both one-time orders and long-term contracts, emphasizing partnerships that foster ongoing supply relationships. Transactions often involve negotiation of terms that align with production schedules and delivery timelines, ensuring timely receipt of critical components.


While specific pricing plans for individual products are proprietary, the company’s offerings are positioned as premium solutions within the aerospace supply chain, reflecting their specialized nature and the high standards required in the industry. Plans for future growth include the development of new products aimed at expanding the current offerings in aerostructures. The company is also considering expansion into emerging markets in Asia and Europe by 2025. The recent acquisition by Precision Castparts Corp.


, involving USD 900 mn, will be utilized to support these initiatives, enhancing manufacturing capabilities and market reach.


Primary Industry

Aerospace

Sub Industries

Engineering, Aerospace

Website

www.primusint.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Primus International Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedPrimus International Inc.-
Add-onCompletedArbinet Corporation-
Add-onCompletedAccra Manufacturing-
Add-onCompletedSt Bernard Composites Ltd.-
Add-onCompletedWalden's Machine Inc-

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Primus International Inc. - employee data

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