Loar Holdings Acquires Harper Engineering for $250 Million

Reuters01-22 21:30

Loar Holdings Acquires Harper Engineering for $250 Million

Loar Holdings Inc. has completed the acquisition of Harper Engineering Company for $250 million in cash. Harper Engineering, founded in 1968, is a leading manufacturer of mechanically engineered devices for aircraft interiors, with a proprietary portfolio of latching and securing mechanisms used across major commercial aerospace platforms. The company operates two facilities in the Seattle, Washington area and employs approximately eighty-five people. The acquisition was financed through additional borrowings under Loar’s existing credit agreement and cash on hand, with anticipated tax benefits of around $30 million resulting from the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loar Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1129952) on January 22, 2026, and is solely responsible for the information contained therein.

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