Aerospace & Defense M&A » By The Online Investor Staff, updated Mon., Apr. 29, 1:21 PM
Recent mergers and acquisitions in the Aerospace & Defense M&A category.
Slide #64. TransDigm Group Incorporated — Aero-Instruments Co., LLC
Acquirer: |
TransDigm Group Incorporated (NYSE:TDG) |
Acquiree: |
Aero-Instruments Co., LLC |
Details: |
TransDigm Group Incorporated announced that it has completed the acquisition of Aero-Instruments Co., LLC (Aero or the Company), for approximately $35 million in cash. Aero, located in Cleveland, Ohio, employs approximately 60 people and has been a supplier of proprietary, highly engineered components to the aerospace industry since 1925. |
TransDigm Group is a holding company. Through its subsidiary, TransDigm Inc., Co. is a designer, producer and supplier of aircraft components for use on commercial and military aircraft. Co.'s segments are: Power and Control, which develops, produces and markets systems and components that predominately provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies; Airframe, which develops, produces and markets systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies; and Non-aviation, which develops, produces and markets products for non-aviation markets.
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Company Name: |
TransDigm Group Inc |
Website: |
www.transdigm.com |
Sector: |
Aerospace & Defense |
Number of ETFs Holding TDG: |
93 |
Total Market Value Held by ETFs: |
$10.49B |
Total Market Capitalization: |
$69.87B |
% of Market Cap. Held by ETFs: |
15.01% |
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April 29, 2024 1:21 PM Eastern
Buy (3.39 out of 4)
51st percentile
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