TransDigm Group acquired Schneller Holdings LLC for $288.6 million, a transaction completed in August 2011, structured as cash.
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.
Added proprietary aircraft interior surface and flooring products.
Advisory firms were not disclosed for this transaction.