TransDigm Group has purchased Acme Aerospace Business from Actuant Corporation for $40 million. TransDigm supplies aircraft companies with components and the addition of Acme Aerospace will accentuate TransDigm Group’s products.
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Acme provides fiber nickel cadmium batteries, power supplies and backup power systems for use in aerospace applications. With their work on the Boeing Co. 777 and other Boeing aircraft Acme’s revenue is usually around $18 million.
About TransDigm Group
TransDigm Group, through its wholly owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electromechanical actuators and controls, ignition systems and components, gear pumps, specialized valves, engineered connectors, power conditioning devices, specialized fluorescent lighting and AC/DC electric motors, aircraft audio systems, engineered latches and cockpit security devices, lavatory hardware and components, hold open rods and locking devices, specialized cockpit displays, elastomers, NiCad batteries/chargers, and starter generators and related components.
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