Aviation News Item: 00501

29th Jul 2009

Source: ubmaviationnews.com

TransDigm Group, the Ohio-based component manufacturer, has acquired Acme Aerospace from a subsidiary of Actuant Corporation for approximately $40m in cash. Acme produces fibrous nickel cadmium (FNC) main ship batteries, battery chargers, battery back-up systems and power conversion equipment for a range of aircraft platforms, mainly the 777. The company has annual revenues of approximately $18m and has approximately 90 employees at its Tempe, Arizona, facility.

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