Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns run through TransDigm's acquisitions — what it looks for, how it pays, and how it folds in what it buys.
57 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.
Two portfolio companies of Vance Street Capital acquired together. Jet Parts Engineering (Seattle, WA) designs and manufactures proprietary OEM-alternative PMA aftermarket parts and repairs for commercial, regional and cargo airlines and MRO providers, with nearly all revenue from the commercial aftermarket. Victor Sierra Aviation (a collection of brands including McFarlane Aviation, Tempest Aero Group and Aviation Products Systems) makes proprietary PMA and aftermarket parts for general and business aviation. approximately $2.2 billion in cash (including certain tax benefits).
We are excited to have an agreement to acquire Jet Parts Engineering and Victor Sierra, two well run, profitable businesses that will fit well within TransDigm. The Companies' highly engineered, proprietary OEM-alternative parts and services generate nearly 100% commercial aftermarket revenue.Mike Lisman — Chief Executive Officer, TransDigm Group
Torrance, California-based designer and manufacturer of high-power electronic components and subsystems for the aerospace and defense end market; a portfolio company of Arlington Capital Partners. Roughly 50% of revenue is aftermarket and nearly all is from proprietary products. Manufacturing in Torrance CA; Williamsport PA; Melville NY; and Topsfield MA; about 950 employees. approximately $960 million in cash (including certain tax benefits).
We are excited to have an agreement to acquire Stellant. The Company's highly engineered, proprietary products generate significant aftermarket revenue and fit well with our long-standing business strategy. The Company has established positions across a diverse range of both commercial and defense platforms, adding new products and services to TransDigm's portfolio.Mike Lisman — Chief Executive Officer, TransDigm Group
Elma, New York-based designer and manufacturer of servo controls/servo valves and advanced technology components for aerospace and defense, publicly traded (NYSE American: SVT). Acquired via tender offer at $38.50/share followed by a back-end merger; funded with cash on hand. Nearly 80% of the business serves commercial aerospace. approximately $110 million ($38.50/share, about 274% premium).
We are excited to have an agreement to acquire Servotronics and welcome them to TransDigm. Servotronics' highly engineered, proprietary products with significant aftermarket exposure fit well with our long-standing strategy. Servotronics is a market leader and pioneer across servo valve technology.Kevin Stein — President and Chief Executive Officer, TransDigm Group
On April 22, 2013, TransDigm and Aerosonic Corporation announced a definitive merger agreement under which TransDigm would acquire all outstanding Aerosonic shares for $7.75 per share in cash via a tender offer, valuing the transaction at approximately $39 million on a fully-diluted basis. Aerosonic designs and manufactures highly engineered, proprietary air data sensing, altimeters, test and display components used primarily in business jet, helicopter and military markets. The deal was funded with TransDigm's cash on hand and closed in June 2013.
Aerosonic designs and manufactures highly engineered, proprietary air data sensing, test and display components for use primarily in the business jet, helicopter and military markets. Major customers include the U.S. Government and Boeing. The proprietary nature of these products, along with aftermarket content, fit well with our overall business strategy.W. Nicholas Howley — Chairman and Chief Executive Officer, TransDigm
TransDigm acquired Marathon Power Technologies Company on August 8, 1997, its first major acquisition after the 1993 founding. Marathon manufactures nickel-cadmium (NiCad) aircraft batteries, chargers and power-conditioning devices, extending TransDigm's power-system component offering. After the February 2003 acquisition of Norco, the business was combined and renamed MarathonNorco Aerospace, Inc.
The Company acquired Marathon Power Technologies Company on August 8, 1997.TransDigm Inc. Form 10-K405 (fiscal 2001)
Vergennes, Vermont-based designer and manufacturer of fuel and proximity sensing and structural health monitoring solutions for aerospace and defense, carved out of Goodrich Corporation / RTX Corporation. About 40% of revenue is aftermarket and nearly all is proprietary; about 900 employees. Financed through cash on hand. approximately $765 million in cash (including certain tax benefits).
Global manufacturer of complex test and measurement solutions primarily serving aerospace and defense; a portfolio company of L Squared Capital Partners. Nearly all revenue from proprietary products; about 170 employees; plants in Livermore CA, Woodland Hills CA, Berlin CT, Huntsville AL and Peterborough NH. Financed through cash on hand. The FY25 10-K reports approximately $646 million net of a working-capital settlement. approximately $655 million in cash (including certain tax benefits).
Electron Device Business carved out of Communications & Power Industries (a portfolio company of TJC, L.P.); a global manufacturer of electronic components and subsystems for aerospace and defense. Approximately 70% of revenue is aftermarket and nearly all is proprietary; about 900 employees; plants in Palo Alto CA, Beverly MA, Middlesex UK and Woodland CA. approximately $1.385 billion in cash.
We are excited about the acquisition of the Electron Device Business of CPI. This business fits well with our long-standing strategy. The vast majority of the Company's revenues come from highly engineered, proprietary products with substantial aftermarket content.Kevin Stein — President and Chief Executive Officer, TransDigm Group
On May 21, 2024 (announced May 22, 2024), TransDigm completed the acquisition of all outstanding stock of SEI Industries Ltd. for approximately $171 million in cash, including a $1 million working capital settlement, financed through existing cash on hand. Headquartered in Delta, British Columbia, SEI is a leading provider of highly engineered products for aerial firefighting and other liquid transportation solutions, including its proprietary Bambi Bucket collapsible firefighting bucket, supported through 12 international repair facilities. About 85% of revenue comes from the aftermarket; results are reported within TransDigm's Airframe segment.
We are excited about the acquisition of SEI Industries. SEI is a leader in products for firefighting helicopters and other liquid transportation solutions. The Company is widely known in the industry for its highly engineered and specialized products, which fit well with our proprietary and aftermarket-focused value generation strategy.Kevin Stein — President and Chief Executive Officer, TransDigm
On March 1, 2024, TransDigm acquired all of the outstanding stock of FPT Industries LLC for approximately $57 million in cash, financed through existing cash on hand. FPT, with facilities in the United Kingdom and Alabama, designs and manufactures an extensive range of specialist fuel tanks and flotation systems for both commercial and defense aerospace end markets. The products are primarily proprietary with significant aftermarket content and are reported within TransDigm's Airframe segment.
Buffalo, New York-based independent provider of highly engineered testing and technology development services and systems for aerospace and defense, including a transonic wind tunnel used in commercial and defense aerospace development. Operates seven primary facilities across New York, Virginia, Minnesota and California; about 625 employees. total purchase price of $729 million (per FY23 10-K).
We are excited about the acquisition of Calspan. We see opportunity for TransDigm's proven operating model to enhance the Company's established positions across a diverse range of aftermarket-focused aerospace & defense development and testing services.Kevin Stein — President and Chief Executive Officer, TransDigm Group
Montreal, Quebec-based provider of highly engineered helicopter mission-equipment solutions predominantly serving civilian aircraft; a portfolio company of Greenbriar Equity Group. About 95% of revenue from proprietary products and about 80% from aftermarket; about 400 employees; four plants in Hawkesbury ON, Portland OR, Fort Collins CO and Chihuahua, Mexico. Financed with cash on hand. approximately $360 million in cash (about $359M net of working-capital settlement per 10-K).
Marlow, UK-based provider of highly engineered antennas and radios for the aerospace end market (Chelton). Products are primarily proprietary with significant aftermarket content and strong presence across major defense platforms plus select commercial. About $225M revenue (FY ended Dec 31, 2020); nearly 60% international and over 70% aftermarket; about 760 employees; plants in Marlow UK and Prescott AZ. Financed through cash on hand. aggregate purchase price of $965 million (including tax benefits).
TransDigm's Extant subsidiary acquired substantially all of the assets and technical data rights of the Stormscope product line from L3Harris Technologies, Inc.
Bellevue, Washington-based specialized manufacturer for aerospace and defense (NYSE: ESL), with 28 business units across eight platforms and over 12,500 employees in 50+ locations. Attractive OEM and aftermarket platform positions with substantial content on major commercial, regional, business-jet and defense platforms. TransDigm's largest closed acquisition to date. approximately $4.0 billion ($122.50/share, 38% premium, including assumed debt).
Esterline's core aerospace and defense business consists of primarily proprietary, sole source products with significant and growing aftermarket exposure. We view this as highly complementary to our existing business. We are confident that the combination of Esterline's leading positions and our proven track record of driving performance will enable us to deliver the private equity-like returns our investors have come to expect.W. Nicholas Howley — Executive Chairman, TransDigm Group
Substantially all assets and technical data rights of the Corona, California operations of NavCom Defense Electronics, acquired by TransDigm subsidiary Extant Aerospace. Core product is the mission-critical AN/APN-232 Combined Altitude Radar Altimeter (CARA) system. NavCom annual revenue about $13 million. approximately $27 million in cash.
We are very pleased to add NavCom and its iconic CARA system to our business portfolio and proud to have earned the confidence and trust of NavCom's management in Extant's ability to sustain the system into the future. The system aligns very well with Extant's core business focus.Jim Gerwien — President, Extant Aerospace
Davis Junction, Illinois-based provider of highly engineered seating foam, foam fabrication, flammability testing and acoustic solutions for the business jet market, acquired from Graycliff Partners LP. Annual revenue about $26 million; about 70 employees; about 85% of revenue from business jets. Products are primarily proprietary/sole source with over 50% aftermarket content; present on Bombardier, Cessna, Dassault, Embraer and Gulfstream platforms. approximately $84 million (including assumed debt).
Skandia is a long standing supplier of proprietary, sole source products with established positions on nearly all business jet platforms, strong aftermarket content and an outstanding reputation with its customers. Skandia fits well with our consistent product and acquisition strategy.W. Nicholas Howley — Executive Chairman, TransDigm Group
Melbourne, Florida-based provider of proprietary aftermarket products and repair/overhaul services to aerospace and defense; a portfolio company of Warburg Pincus. Exclusively licenses or acquires aftermarket-focused products from leading A&D OEMs and supports them over the aircraft's remaining life; owns/licenses 2,500+ assemblies on 70+ active platforms (F-16, AH-64, F-18, F-15, C-130). About 80% aftermarket revenue, nearly all proprietary/sole source; about 170 employees; about $85M FY2018E revenue. approximately $525 million.
Brea, California-based supplier of highly engineered aerospace elastomers, acquired from Esterline Technologies. Annual revenue about $90 million; about 800 employees; about 50% commercial transport airframes, remainder defense aerospace. Primarily proprietary, sole source with significant aftermarket; on Boeing 787/777X/737MAX, Airbus A320NEO/A350 and the military JSF. $50 million in cash (subject to adjustment).
Kirkhill products fit well with our business strategy. Although the improvements could take a little longer to develop than for some acquisitions, we see significant opportunities to improve Kirkhill's profitability. We expect the Kirkhill acquisition to create equity value well in line with our long term private equity type return objectives.W. Nicholas Howley — Chairman and Chief Executive Officer, TransDigm Group
Stock of SCHROTH Safety Products GmbH plus certain aviation/defense assets of Takata Corporation (incl. Takata Protection Systems Inc.), going forward known as SCHROTH. Designs/manufactures proprietary advanced safety systems for aviation, racing and military ground vehicles: technical restraints, passenger belts, structural monument airbags and cockpit security components on Airbus/Boeing platforms (incl. 787, A350, A380). About $43M FY revenue; about 260 employees; sites in Arnsberg, Germany and Pompano Beach/Orlando, Florida. About 40% aftermarket; about 80% aerospace and defense. approximately $90 million in cash.
SCHROTH has built a solid reputation based on technical expertise and product excellence. The company has significant and growing aftermarket on attractive high use platforms.W. Nicholas Howley — Chairman and CEO, TransDigm Group
Liverpool, New York-based Young & Franklin Inc. and its subsidiary Tactair Fluid Controls Inc., manufacturers of proprietary, highly engineered valves and actuators. About $75M revenue (FY ending Dec 2016) with about 70% aftermarket; nearly 100% proprietary; about 70% aerospace, balance industrial gas turbine. Platforms include Embraer E2/Phenom 300/Legacy, Bombardier Challenger/Global, Mitsubishi MRJ, Lockheed C-130J and Bell UH-1.
Both Tactair and Young & Franklin are long standing manufacturers of proprietary products with established positions, strong aftermarket content and an outstanding reputation based on product excellence. The highly engineered products will allow us to expand our content on a number of substantial platforms.W. Nicholas Howley — Chairman, President and CEO, TransDigm Group
TransDigm acquired all of the outstanding stock of Young & Franklin, Inc., the parent company of Tactair Fluid Controls, Inc.
Bohemia, New York-based supplier of databus and power-supply products for global military and commercial aerospace, acquired via parent ILC Holdings from Behrman Capital. Core MIL-STD-1553 databus product line spans hundreds of military and commercial platforms (JSF, F-18, Eurofighter, C-130, A400M, F-15, Apache, 787, A350XWB, 777X). Over $200M revenue (FY ending Dec 2016); about 75% defense; about 70% aftermarket; about 45% international; nearly all proprietary/sole source; 650 employees. total purchase price of $1.0 billion in cash.
The vast majority of DDC's revenue comes from highly engineered, proprietary products with substantial aftermarket content. We are pleased with the opportunity to acquire a business of this size that has such an outstanding reputation with its customers and where we see opportunities for significant value creation.W. Nicholas Howley — Chairman and Chief Executive Officer, TransDigm Group
Whippany, New Jersey-based designer and manufacturer of proprietary helicopter rescue hoists, winches, cargo hooks and weapons-handling systems (NYSE MKT: BZC), acquired via $19.61/share tender offer and back-end merger funded with cash on hand. Products are found on military and civilian aircraft; major customers include Sikorsky, Boeing, AgustaWestland and Airbus on platforms such as the UH-60 Blackhawk and CH-47 Chinook. approximately $206 million ($19.61/share).
Breeze-Eastern pioneered the technology for helicopter rescue hoists and cargo winches and subsequently became a leading global designer and manufacturer of highly engineered, proprietary rescue hoists, winches and cargo hooks, as well as weapons-handling systems equipment, which currently can be found on all types of military and civilian aircraft.W. Nicholas Howley — Chairman and Chief Executive Officer, TransDigm Group
TransDigm closed its acquisition of PneuDraulics in August 2015 for approximately $325 million in cash, including about $107 million of anticipated tax benefits. Located in Rancho Cucamonga, California with roughly 275 employees, PneuDraulics makes proprietary, highly engineered pneumatic and hydraulic components and sub-systems for commercial transport, regional, business jet and military applications. Commercial aerospace accounted for about 85% of its revenue.
TransDigm completed its purchase of the aerospace business of Pexco LLC in May 2015 for roughly $496 million in cash, a figure that included about $160 million of expected tax benefits. The business is a global leader in extruded plastic interior parts for commercial aircraft, employing around 300 people across sites in Yakima, Washington and Huntington Beach, California. It held positions on all active Boeing platforms with a growing commercial aftermarket.
TransDigm's Adams Rite subsidiary acquired the aerospace business of Franke Aquarotter GmbH — renamed Adams Rite Aerospace GmbH — in March 2015 for $75.3 million in cash. The transaction added proprietary aircraft water and sanitary system products to TransDigm's portfolio.
TransDigm completed the acquisition of the Telair Cargo Group of businesses from AAR CORP., structured as a purchase of US assets and the stock of foreign subsidiaries.
In March 2014 TransDigm completed its acquisition of Germany's Elektro-Metall Export (EME) for about $47.4 million, comprising cash plus assumed net debt. Headquartered in Ingolstadt, EME produces proprietary, highly engineered aerospace electromechanical actuators and electrical assemblies with positions on Airbus commercial platforms including the A320, A330, A350 and A380, as well as the Pilatus PC-12. The purchase gave TransDigm its fourth operating unit in Western Europe.
TransDigm completed its acquisition of Airborne Systems in December 2013 for approximately $250 million in cash, buying the business from Metalmark Capital. Airborne Systems is a leading designer and manufacturer of personnel parachutes, cargo aerial delivery systems, emergency escape systems and naval decoys. The business had generated roughly $160 million in revenue for the fiscal year ended June 30, 2013.
Whippany Actuation Systems, LLC, a newly formed TransDigm subsidiary, acquired assets from GE Aviation's Electromechanical Actuation Division.
TransDigm closed its purchase of Arkwin Industries in June 2013 for roughly $286 million in cash, having announced the deal the prior month. Located on Long Island, New York, Arkwin manufactures proprietary, highly engineered hydraulic and fuel system components for commercial and military aircraft, helicopters and other specialty uses. The company generated about $95 million in revenue in 2012.
TransDigm completed its acquisition of Cleveland-based Aero-Instruments in September 2012 for about $35 million in cash. A supplier to aerospace since 1925 with roughly 60 employees, Aero-Instruments designs and manufactures proprietary air data sensors such as pitot and pitot-static probes, angle-of-attack and temperature sensors used mainly on business jets and helicopters. More than 60% of its revenue came from the aftermarket, and it joined TransDigm's Power & Control segment.
TransDigm Inc. acquired all of the outstanding stock of AmSafe Global Holdings, Inc., a supplier of aircraft restraint and safety products.
TransDigm bought Harco Laboratories in December 2011 for approximately $83 million in cash. Harco makes proprietary, highly engineered thermocouples, sensors and engine cable assemblies for commercial aircraft, with content on platforms including the Boeing 747/767/777, Airbus A319/320/321 and Embraer 170/190. The company was integrated into TransDigm's Power & Control segment.
In August 2011 TransDigm acquired Schneller Holdings from an affiliate of Graham Partners for about $288.5 million in cash. Headquartered in Kent, Ohio, Schneller designs and produces proprietary engineered laminates, thermoplastics and non-textile flooring found on cabin interiors of nearly every commercial transport and regional jet. Roughly two-thirds of its revenue came from the commercial aftermarket, and the business was folded into TransDigm's Airframe segment.
AeroControlex Group, a TransDigm subsidiary, acquired the actuation business of Telair International, Inc., a subsidiary of Teleflex Incorporated.
TransDigm acquired all of the outstanding stock of McKechnie Aerospace Holdings Inc., a supplier of aerospace products controlled by JLL Partners, on a cash-free, debt-free basis.
TransDigm closed its purchase of Semco Instruments in September 2010 for roughly $74 million in cash. Based in Valencia, California, Semco builds proprietary, highly engineered components used on virtually every major turbo-prop, turbo-fan and turbo-shaft engine, supplying makers such as Pratt & Whitney, Honeywell and General Electric. Its parts appear largely on helicopters, business jets and select regional aircraft, giving the deal meaningful aftermarket exposure.
TransDigm, through a newly formed subsidiary, acquired substantially all of the aerospace-related assets of Dukes, Inc. and GST Industries, Inc. in December 2009 for $95.5 million in cash. The transaction added proprietary aerospace products serving business, regional and commercial aircraft to TransDigm's portfolio.
On May 7, 2008, TransDigm Inc. acquired all of the outstanding capital stock of CEF Industries, Inc. pursuant to a stock purchase agreement dated March 31, 2008. CEF designs and manufactures specialized, highly engineered actuators, compressors, pumps, valves, motors and related components for the aerospace market. The proprietary product line fit well with TransDigm's overall business direction.
In August 2007 a newly formed TransDigm subsidiary, Bruce Aerospace, acquired certain assets and assumed certain liabilities of Bruce Industries, Inc. in an asset purchase. Bruce designs and manufactures highly engineered aircraft lighting products, including ballasts and fluorescent/LED lighting systems. The proprietary, aftermarket-oriented product line fit TransDigm's overall business direction.
TransDigm acquired Aviation Technologies, Inc. — the parent of Avtech Corporation, Transicoil Corp., West Coast Specialties and Malaysian Aerospace Services — in February 2007 for $430 million in cash. The transaction expanded TransDigm's lines of proprietary aerospace component products.
TransDigm Inc. acquired all of the issued and outstanding capital stock of CDA InterCorp. CDA designs and manufactures specialized controllable drive actuators, motors, transducers and gearing used on a range of defense, space and commercial aircraft applications.
The proprietary nature, established positions and aftermarket content of CDA's products fit well with our overall business direction.TransDigm Group Incorporated — Fiscal 2007 Form 10-K
TransDigm Inc. acquired all of the outstanding capital stock of Sweeney Engineering Corp. Sweeney designs and manufactures specialized aerospace valving used primarily in fuel, environmental-control and de-icing applications on defense and commercial aircraft. The acquired business was consolidated into TransDigm's existing AeroControlex operation in Painesville, Ohio during the first quarter of fiscal 2007.
Sweeney's product characteristics and market position fit well with our existing valving business.TransDigm Group Incorporated — Fiscal 2007 Form 10-K
TransDigm, through its Skurka Aerospace Inc. subsidiary, acquired certain assets and assumed certain liabilities of Electra-Motion. The business designs and manufactures specialized AC/DC motors for a broad range of aerospace applications and was consolidated into Skurka's existing aerospace motor operation in Camarillo, California.
The acquired business designs and manufactures specialized AC/DC motors for a broad range of aerospace applications.TransDigm Group Incorporated — Fiscal 2006 Form 10-K
TransDigm Inc. acquired all of the outstanding capital stock of Fluid Regulators Corporation from Esterline Technologies Corporation. Fluid Regulators designs and manufactures highly engineered flight-control and pressure valves used in hydraulic, fuel, lubrication and related applications on commercial, regional, corporate and military aircraft. To reduce combined operating costs, Fluid Regulators was merged into TransDigm Inc.'s AeroControlex operations on September 30, 2005.
Fluid Regulator's product characteristics and market position fit well with TransDigm's overall direction.TransDigm Group Incorporated — Fiscal 2006 Form 10-K
TransDigm, through its Skurka Aerospace Inc. subsidiary, acquired certain assets and assumed certain liabilities of Skurka Engineering Company. The business designs and manufactures engineered aerospace components, primarily AC/DC electric motors and transducers used on a wide range of commercial and military aircraft, ships and ground vehicles.
Skurka's product characteristics and market position fit well with TransDigm's overall direction.TransDigm Group Incorporated — Fiscal 2006 Form 10-K
TransDigm Inc. acquired all of the outstanding capital stock of Avionic Instruments, Inc. Avionic designs and manufactures specialized power conversion devices for a wide range of aerospace applications, used on most commercial and regional transports as well as many corporate and military aircraft. It became a wholly owned TransDigm subsidiary.
TransDigm's subsidiary Marathon (MarathonNorco Aerospace) acquired certain assets and assumed certain liabilities of the Norco, Inc. business from TransTechnology Corporation. Norco is a leading manufacturer of proprietary aircraft engine hold-open rods, latches and specialty connecting devices. TransDigm relocated Norco's manufacturing into Marathon's existing Waco, Texas facility to reduce combined operating costs.
Through its subsidiary Champion Aerospace Inc., TransDigm acquired substantially all of the assets and certain liabilities of the Champion Aviation Products business from Federal-Mogul Ignition Company, a subsidiary of Federal-Mogul Corporation. The business researches, designs, manufactures and sells aircraft ignition systems and related components, including igniters, spark plugs and exciters for turbine and piston engines. It became a wholly owned TransDigm subsidiary.
TransDigm's subsidiary Marathon Power Technologies Company acquired all of the issued and outstanding common shares of Christie Electric Corp. Christie is a maker of aircraft batteries and chargers used to provide engine starting and back-up power. The results, described in filings as not material to the company, were consolidated from the closing date.
TransDigm acquired all of the outstanding common stock of ZMP, Inc., the parent of Adams Rite Aerospace, through a merger. Adams Rite manufactures proprietary aircraft mechanical hardware, fluid controls, lavatory hardware, electromechanical controls, latching and oxygen-system products for cockpit and cabin applications. The business became a wholly owned TransDigm subsidiary.
Adel Fasteners was one of four aerospace divisions TransDigm acquired from IMO Industries when the company was formed in 1993 through a management-led buyout. Alongside Wiggins Connectors it became part of the AdelWiggins Group, whose principal product line is an extensive offering of engineered fluid-transfer connectors, fittings, clamps and related airframe hardware. The business gave the newly formed TransDigm an established position in proprietary, sole-source airframe components.
TransDigm was formed in 1993 through a management-led buyout of four aerospace divisions of IMO Industries.TransDigm Inc. Form 10-K405 (fiscal 2001)
Aero Products Component Services was one of the four IMO Industries aerospace divisions that founded TransDigm in its 1993 management-led buyout. Together with Controlex it formed the AeroControlex Group, whose major products are gear pumps and mechanical and electromechanical controls and actuators used across commercial and military aircraft. The division anchored TransDigm's power-system component offering from inception.
TransDigm was formed in 1993 through a management-led buyout of four aerospace divisions of IMO Industries.TransDigm Inc. Form 10-K405 (fiscal 2001)
Controlex Corporation was one of the four IMO Industries aerospace divisions acquired at TransDigm's 1993 formation via a management-led buyout. Combined with Aero Products Component Services it became the AeroControlex Group, supplying gear pumps and mechanical/electromechanical controls and actuators for aircraft. Its flexible-control and fluid-control products remained a TransDigm trade name for years afterward.
TransDigm was formed in 1993 through a management-led buyout of four aerospace divisions of IMO Industries.TransDigm Inc. Form 10-K405 (fiscal 2001)
Wiggins Connectors was one of the four IMO Industries aerospace divisions acquired when TransDigm was formed in 1993 through a management-led buyout. With Adel Fasteners it formed the AdelWiggins Group, whose principal product line is an extensive offering of engineered connectors and fluid-transfer products (including the Wiggins and Wig-O-Flex fast-fuel and connector systems). It gave TransDigm a founding franchise in proprietary airframe connector hardware.
AdelWiggins' major product line is an extensive offering of engineered connectors.TransDigm Inc. Form 10-K405 (fiscal 2001)