United Technologies Corporation has sold Empire to Steel Partners Holdings and Handy & Harman

Client: United Technologies Corporation (NYSE:UTX)

Client Location: United States

Buyer: Steel Partners Holdings L.P (NYSE:SPLP) and Handy & Harman Ltd. (NasdaqCM:HNH)

Buyer Location: United States

Target: ElectroMagnetics Enterprise Business (Empire)

Target Location: United States

Target Description: ElectroMagnetics Enterprise Business (Empire) is a manufacturer of electric motors & generators serving hybrid electric buses, transport refrigeration, aerospace and other industrial applications.

UTC Aerospace Handy&Harman Steel Partners Holdings 2016
  • 2016
    Close Year
  • Aerospace & Defense | Industrials
  • Public
    Client Type
  • Strategic | Domestic
    Transaction Type
  • USA

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