TransDigm Group acquired Elektro-Metall Export GmbH (EME) for $49.6 million, a transaction completed in March 2014, structured as cash.
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.
Added proprietary aerospace electrical interconnect and system products.
Advisory firms were not disclosed for this transaction.