TransDigm Group Inc. has completed the acquisition of Esterline Technologies Corp., a specialized manufacturer serving the global aerospace and defense industries. The deal expands TransDigm's platform of proprietary and sole-source content for its target markets, and provides significant aftermarket exposure.
- The transaction, originally announced in October, is valued at approximately $4 billion in total consideration, including the assumption of debt.
- Esterline shareholders will receive $122.50 per share in cash, without interest.
