Barnes Group Inc. Completes Acquisition of Männer

  Barnes Group Inc. Completes Acquisition of Männer

Business Wire

BRISTOL, Conn. -- October 31, 2013

Barnes Group Inc. (NYSE:B), an international aerospace and industrial
manufacturing and service provider, today announced that it has completed its
acquisition of the operating companies of privately held Männer.

Männer is a leader in high precision mold-making, valve gate hot runner
systems, and system solutions for the medical/pharmaceutical, packaging, and
personal care/health care industries. Männer has approximately 400 employees
worldwide, and operates out of three manufacturing locations in Germany,
Switzerland, and the United States, with sales and service locations in
Europe, Hong Kong/China, and Japan.

Barnes Group purchased the capital stock of the Männer operating companies for
€275 million, subject to the terms of the purchase agreement. Barnes Group
financed the transaction with cash on hand, borrowings under the Company’s
revolving credit facility, and approximately one million shares of common
stock, or 10% of the purchase price. Männer will operate as a business unit
within Barnes Group’s Industrial segment.

“We are pleased to complete the Männer transaction and welcome its skilled
workforce to Barnes Group,” said Patrick Dempsey, President and CEO of Barnes
Group. “Männer’s precision manufacturing capabilities, highly-engineered
products and system solutions, and complementary end-markets in the injection
molding industry, allow Barnes Group to extend its growth opportunities and
technical capabilities in this highly desirable industry.”

Barnes Group will host a conference call on November 4, 2013 at 4:30 p.m. ET
to provide additional details about the Männer acquisition and related
financial information. A supplemental slide deck will be posted to the
Company’s website approximately 15 minutes before the call. To listen to the
live webcast of the conference call and to view the accompanying slides,
please go to the Barnes Group website at and select the Investor
Relations link. The conference call is also available by direct dial at (888)
713-4214 in the U.S. or (617) 213-4866 outside of the U.S. (request Barnes
Group’s Männer Acquisition Call), Participant Code: 29534932.

In addition, the call will be recorded and available for playback beginning at
8:30 a.m. (ET) on Tuesday, November 5, 2013 by dialing (617) 801-6888,
Passcode: 17451317.

About Barnes Group

Founded in 1857, Barnes Group Inc. (NYSE: B) is an international aerospace and
industrial manufacturer and service provider, serving a wide range of end
markets and customers. The products and services provided by Barnes Group are
used in far-reaching applications that provide transportation, communication,
manufacturing and technology to the world. Barnes Group’s approximately 4,200
dedicated employees, at more than 60 locations worldwide, are committed to
achieving consistent and sustainable profitable growth. For more information,

Forward-Looking Statements

This press release contains forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Forward-looking statements
often address our expected future operating and financial performance and
financial condition, and often contain words such as "anticipate," "believe,"
"expect," "plan," "strategy," "estimate," "project," and similar terms. These
forward-looking statements do not constitute guarantees of future performance
and are subject to a variety of risks and uncertainties that may cause actual
results to differ materially from those expressed in the forward-looking
statements. These include, among others: difficulty maintaining relationships
with employees, customers, distributors, suppliers, business partners or
governmental entities; difficulties leveraging market opportunities; changes
in market demand for our products and services; rapid technological and market
change; the ability to protect intellectual property rights; introduction or
development of new products or transfer of work; higher risks in international
operations and markets; the impact of intense competition; and other risks and
uncertainties described in documents filed with or furnished to the Securities
and Exchange Commission (SEC) by the Company, including, among others, those
in the Management's Discussion and Analysis of Financial Condition and Results
of Operations and Risk Factors sections of the Company's filings. The risks
and uncertainties described in our periodic filings with the SEC include,
among others, uncertainties relating to conditions in financial markets;
currency fluctuations and foreign currency exposure; future financial
performance of the industries or customers that we serve; our dependence upon
revenues and earnings from a small number of significant customers; a major
loss of customers; inability to realize expected sales or profits from
existing backlog due to a range of factors, including insourcing decisions,
material changes, production schedules and volumes of specific programs; any
potential adverse effects associated with a U.S. government shutdown; changes
in raw material or product prices and availability; integration of acquired
businesses; restructuring costs or savings; the continuing impact of prior
acquisitions and divestitures and our acquisition of Männer and any other
future strategic actions, including acquisitions, joint ventures,
divestitures, restructurings, or strategic business realignments, and our
ability to achieve the financial and operational targets set in connection
with any such actions; the impacts of the U.S. Tax Court's April 16, 2013
decision and any related appeal; the outcome of pending and future legal,
governmental, or regulatory proceedings and contingencies; uninsured claims;
future repurchases of common stock; future levels of indebtedness; and
numerous other matters of global, regional or national scale, including those
of a political, economic, business, competitive, environmental, regulatory and
public health nature. The Company assumes no obligation to update our
forward-looking statements.


Barnes Group Inc.
William Pitts
Director, Investor Relations
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