Astronics buys Bühler Motor Aviation in all-cash deal

Publié il y a 3 semaines Positive
Astronics buys Bühler Motor Aviation in all-cash deal
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[M&A Mergers And Acquisitions]
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Astronics Corporation (NASDAQ:ATRO [https://seekingalpha.com/symbol/ATRO]) announced that it has completed the acquisition [https://seekingalpha.com/pr/20262897-astronics-corporation-announces-acquisition-of-buhler-motor-aviation] of Bühler Motor Aviation (BMA) from Bühler Motor Group.

The transaction was conducted on an all-cash basis; however, the financial terms of the deal were not disclosed.

BMA, located in Uhldingen-Mühlhofen, Germany, is a well-established manufacturer specializing in aircraft seat actuation systems.

The move immediately expands Astronics' motion control solutions for passenger seats on commercial aircraft.

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