TransDigm Group acquired PneuDraulics, Inc. for $325 million, a transaction completed in August 2015, structured as cash.
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.
Added proprietary pneumatic and hydraulic aerospace components.
Advisory firms were not disclosed for this transaction.