Aerospace & Defense M&A » By The Online Investor Staff, updated Sun., May. 12, 3:21 AM
Recent mergers and acquisitions in the Aerospace & Defense M&A category.
Slide #28. Triumph Group — General Donlee Canada Inc.
Acquirer: |
Triumph Group (TGI) |
Acquiree: |
General Donlee Canada Inc. (GDI.CA) |
Details: |
Triumph Group, Inc. (NYSE:TGI) today announced the completion of the previously announced acquisition of General Donlee Canada Inc. (GDI.TO), a leading manufacturer of flight critical complex machined components. Triumph acquired all of the issued and outstanding shares of General Donlee for CDN$5.50 per share in cash. The acquired business will operate as Triumph Gear Systems-Toronto and will be included in the Aerospace Systems Group. The business is expected to add approximately $60.0 million in annual revenue and to be immediately accretive to earnings. |
Triumph Group designs, engineers, manufactures, repairs, and overhauls a portfolio of aerospace and defense systems, subsystems, components, and structures. Co. provides a variety of products and services to the aerospace industry through two operating segments: Triumph Systems and Support, whose companies design, develop, and support proprietary components, subsystems, and systems; produce assemblies using external designs, and provide solutions for commercial, regional, and military aircraft; and Triumph Interiors, whose companies supply commercial, and regional manufacturers with aircraft interior systems, including air ducting and thermal acoustic insulation systems.
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Triumph Group designs, engineers, manufactures, repairs, and overhauls a portfolio of aerospace and defense systems, subsystems, components, and structures. Co. provides a variety of products and services to the aerospace industry through two operating segments: Triumph Systems and Support, whose companies design, develop, and support proprietary components, subsystems, and systems; produce assemblies using external designs, and provide solutions for commercial, regional, and military aircraft; and Triumph Interiors, whose companies supply commercial, and regional manufacturers with aircraft interior systems, including air ducting and thermal acoustic insulation systems.
TGI SEC Filing Email Alerts Service
Open the GDI.CA Page at The Online Investor »
Company Name: |
Triumph Group Inc. |
Stock buyback: |
TGI buyback |
Website: |
www.triumphgroup.com |
Sector: |
Aerospace & Defense |
Number of ETFs Holding TGI: |
48 |
Total Market Value Held by ETFs: |
$288.67M |
Total Market Capitalization: |
$1.08B |
% of Market Cap. Held by ETFs: |
26.68% |
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