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StocksMedium•6 April 2026•

1 min read

Stanley Black & Decker Completes $1.8 Billion Sale of CAM Unit to Howmet Aerospace

Key Facts

1Stanley Black & Decker completed the sale of its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace for $1.8 billion in cash.

2The company expects net proceeds of approximately $1.57 billion after taxes and fees to be used for debt reduction.

3The transaction aims to achieve a target leverage ratio of 2.5x net debt to adjusted EBITDA by year-end.

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Stanley Black & Decker (SWK) has finalized the sale of its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace for $1.8 billion in cash. The company expects to receive net proceeds of approximately $1.57 billion after accounting for taxes and transaction fees, which will be utilized for aggressive debt reduction. This transaction is a pivotal step toward achieving a target leverage ratio of 2.5x net debt to adjusted EBITDA by the end of the year. The divestiture aligns with a strategic shift to focus on core operations within the Tools and Outdoor segments. By streamlining its portfolio, Stanley Black & Decker aims to strengthen its balance sheet and improve capital allocation efficiency. Meanwhile, the acquisition allows Howmet Aerospace to significantly bolster its position within the aerospace manufacturing sector.