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Sheppard Mullin is Representing Tex Tech Industries in $165 Million Acquisition

11.20.2024

Sheppard Mullin is advising Tex Tech Industries, Inc. (Tex-Tech) in its contemplated acquisition of Fiber Materials Inc. (FMI) from Spirit AeroSystems (NYSE: SPR) for a purchase price of $165 Million.

Tex-Tech Industries is a premier designer and manufacturer of specialty textiles and fabrics for OEMs and end-users in the defense, aerospace, automotive, medical, personal protection, filtration, high-performance, sports, and industrial sectors. FMI is an industry leader in high-temperature materials and reinforced composites, with a focus on Carbon / Carbon and related composites. 

The Sheppard Mullin deal team is led by partner Frank Bacelli and associates Jeffrey Bowling, Stephanie Nguyen and Patrick Diaz, with valuable assistance from partners Jim Ritter, Michael Koltonyuk, Mike Baranovic and Claudia Hinsch, as well as special counsels Malika Levarlet and Lee Weiss.

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