Stratrix
On the Record · Barnes

Barnes acquisitions, on the record

The businesses Barnes bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Seeger business
Word for word“The Company completed the sale of the Seeger business to KNG effective February 1, 2020.” 10-K for 2021
divestitureFebruary 1, 2020—
Gimatic
Word for word“Based on our second quarter assessment, the estimated fair value of the Automation reporting unit, which represents the October 2018 acquisition of Gimatic, exceeded its carrying value while the estimated fair value of each of the remaining reporting units significantly exceeded their carrying values.” 10-K for 2021
acquisitionOctober 2018—
MB Aerospace Holdings Inc.
Word for word“The acquisition of MB Aerospace on August 31, 2023 provided incremental sales of $114.5 million within the Aerospace segment during the four months ended December 31, 2023.” 10-K for 2023
acquisitionAugust 31, 2023—
Associated Spring and Hänggi businesses
Word for word“In January 2024, the Company announced that it has entered into a definitive agreement to sell its Associated Spring and Hänggi businesses to One Equity Partners.” 10-K for 2023
agreed divestitureJanuary 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$128.6 million$73.7 million
2017-12-31$8.9 million$3.3 million
2018-12-31$430.5 million$285.4 million
2019-12-31$6.1 million$5.8 million
2020-12-31$0—
2021-12-31$0—
2022-12-31$0—
2023-12-31$718.8 million$320.9 million

Deal filings since 2016

Read from Barnes’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.