Permaswage Buys Assets from HK Fittings

Designed Metal Connections, which does business as Permaswage, has completed its acquisition of the aerospace fittings assets of Burbank, Calif.-based HK Fittings. Financial terms of the deal were not released. Los Angeles-based Permaswage manufactures aerospace permanent fluid fittings. The company is backed by private equity firm Bridgepoint.

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