Mesirow Advises ATI On The Sale Of ATI’s East Hartford Operations To Barnes Aerospace

ATI Inc. (NYSE:ATI) is among the 13 Best Magnesium Stocks to Invest in Now. Mesirow declared that it served as ATI Inc. (NYSE:ATI)’s exclusive financial advisor in the sale of its East Hartford Operations (EHO) to Barnes Aerospace. The divestment includes a plant in East Hartford, CT, that specializes in the machining of flight-critical components such as rotor hubs, rotorcraft parts, and jet engine discs for both commercial and defense aerospace areas.

Mesirow Advises ATI On The Sale Of ATI's East Hartford Operations To Barnes Aerospace

Photo by Dominik Vanyi on Unsplash

ATI Inc. (NYSE:ATI) is a multinational manufacturer of high-performance materials and solutions for the specialty energy, electronics, medical, aerospace, and defense industries. EHO has been providing essential rotating hardware for 75 years and has a solid reputation for both quality and customer service. Mesirow’s Senior Managing Director and Co-Head of Investment Banking, Adam Oakley, acknowledged the significance of the deal and ATI Inc. (NYSE:ATI)’s legacy. Mesirow Investment Banking has completed over 350 transactions across its verticals in recent years, and this acquisition highlights the firm’s proficiency in aerospace and defense carve-outs. It is among the Best Magnesium Stocks.

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