TransDigm Group has agreed to purchase ILC Holdings from Behrman Capital for $1bn.
The acquisition, which requires regulatory approvals and is subject to customary closing conditions, is expected to be completed before December.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Headquartered in Ohio, US, TransDigm is an aerospace solutions developer for military and commercial customers.
ILC Holdings owns Data Device Corporation, which provides advanced data solutions for defence and aerospace applications.
US-based private equity firm Court Square Capital Partners has signed a definitive agreement with KBR to sell Wyle Laboratories for $570m.
Subject to customary closing conditions, the deal is anticipated to be completed by September. The transaction also requires regulatory approvals.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataWyle provides engineering and technical services to the US department of Defence and NASA.
Through the acquisition of Wyle, KBR intends to expand its logistic services for US Government clients.
Stellar Capital Partners has signed a pact with Masimong Technologies (Pty) Ltd to sell 51.1% of the ordinary issued shares in its subsidiary, Tellumat (Pty) for $11.33m.
As part of the deal, 99,253 unencumbered and freely transferable Tellumat shares will be sold to Masimong Technologies.
Tellumat provides electronics and communications solutions to defence, energy and transport companies.
