• The Eastern Company bought Sungear and Crown Precision for USD 7.85 million, adding a fourth operating platform focused on aerospace and defense precision manufacturing.
• The deal covered 100% of both businesses on a cash-free, debt-free basis.
• Funding came from borrowings under Eastern’s existing revolving credit facility.
• Sungear and Crown generated about USD 22.8 million in trailing 12-month revenue through April 1, 2026.
• Both companies will stay under current management, with Eastern backing capacity expansion, automation, and product development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Eastern Company published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606020730ACCESSWRNAPR_____1172309) on June 02, 2026, and is solely responsible for the information contained therein.