Essex Industries acquires Momeni Engineering

Essex Industries has announced the acquisition of Momeni Engineering LLC, a manufacturing company located in Huntington Beach, California, effective Jan. 1, 2019.

Advertisement

Founded in 1947, Essex Industries is a leading supplier to the aerospace and defense market, providing platform controls, aircraft components, emergency breathing and liquid oxygen equipment. The company employs over 300 people in its four St. Louis facilities.

Momeni Engineering provides precision machined OEM parts and assemblies to aerospace and medical companies. Originally founded in the late 1980’s, the company as currently structured was established in 2010. Momeni operates from two co-located facilities with 45 employees.

The acquisition of Momeni supports Essex’s business strategy of further expanding its commercial aircraft product portfolio. With Momeni’s location, it will also provide improved service for Essex customers on the West Coast.

Advertisement

According to Evan Waldman, Essex’s CEO, “Essex and Momeni Engineering share common markets, manufacturing expertise and values. Working together, we will be able to offer a broader range of products and enhanced customer service.”

The company will continue to operate as Momeni Engineering in Huntington Beach, California.

Leave a Reply

Your email address will not be published. Required fields are marked *