Advisors
Winston & Strawn, LLP served as legal advisor to Ducommun and Houlihan Lokey served as financial advisor to MagSeal.
About Ducommun Incorporated
Ducommun Incorporated delivers value-added innovative manufacturing solutions to customers in the aerospace, defense and industrial markets. Founded in 1849, the Company specializes in two core areas - Electronic Systems and Structural Systems—to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications. For more information, visit ducommun.com.
About Magnetic Seal Corp.
For over 60 years MagSeal has been the trusted supplier of specialty magnetic seals for critical systems. Respected for their design, quality, and durability, MagSeals have been the seal of choice for special situations where conventional seal designs fall short of expectations. For more information, please visit https://www.magseal.com/.
Forward-Looking Statements
This press release includes “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to the acquisition of Magnetic Seal Corporation discussed above, including statements relating to Ducommun’s expectations relating to the acquisition being complementary to its existing portfolio and accelerating its growth. The Company generally use the words “believe,” “expect,” and similar expressions in this press release to identify forward-looking statements. These statements are based on assumptions currently believed to be valid, but they involve risks and uncertainties that could cause the Company’s actual results to differ materially from those expressed in the forward looking statements. Important uncertainties that could cause the Company’s actual results to differ from those expressed in the forward looking statements are identified in our reports filed with the SEC, including the Company’s Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, and Current Reports on Form 8-K. The forward looking statements included in this press release are made only as of the date of this press release, and Ducommun does not undertake any obligation to (and expressly disclaims any such obligation to) update the forward looking statements to reflect subsequent events or circumstances.
Contacts
Chris Wampler, Vice President, Chief Financial Officer, Controller and Treasurer
657.335.3665, CWampler@ducommun.com
Suman Mookerji, Vice President, Corporate Development and Investor Relations
657.335.3665, SMookerji@ducommun.com
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