Article

J.F. Lehman & Company has acquired a majority shareholding in Wellman Dynamics, partnering with current owner TRM Equity, which retains a minority stake. Wellman is recognized for its expertise in magnesium and aluminum sand castings within the aerospace and defense sectors. The transaction was financed by Netrex Capital Markets, with a lender group led by Eldridge Capital Management, co-led by Guggenheim Investments and PGIM.