TransDigm Group
Encyclopedia
TransDigm Group Incorporated develops, distributes and manufactures commercial and military aerospace
components such as mechanical actuators and ignition system
s.
Adel Fasteners, Aero Products Component Services, Controlex Corporation and Wiggins Connectors from IMO Industries.
Four years later, in 1997, the company purchased Marathon Power Technologies.
Then, during the final two years of the century, the company added to its list of acquisitions with Adams Rite Aerospace and Christie Electric.
In May 2001, Transdigm Incorporated procured Champion Aviation Products, a supplier of igniters, spark plugs and oil filters from Federal-Mogul Corporation for approximately $160 million. It was at this time that Nicholas Howley took over the position of Chief Executive Officer from Douglas Peacock as Peacock transferred into his role as Chairman of the Board.
Private Equity VIII to acquire Transdigm Incorporated. This transaction materialized shortly after TransTechnology Corporation sold Norco, Inc. to Marathon Power Technologies.
Then, in 2004, Transdigm Group procured Avionic Instruments of Avenel, New Jersey
, a supplier of specialized power conversion
devices for aerospace products.
The following year, Transdigm Group purchased Skurka Engineering of Camarillo, California
, a manufacturer and distributor of electromagnetic
equipment as well as the Fluid Regulators division of Esterline Technologies, who manufactures flight control valves and pressure valves.
In June 2006, the company then procured both Sweeney Engineering and Electra-Motion Industries for a grand total of $27 million, along with CDA InterCorp in October of that year for an additional $45 million. Three months later, Aviation Technologies, a producer of avionics and instruments, became a part of the TransDigm family followed by Bruce Industries, a producer of fluorescent aircraft lighting, in August 2007.
Military aircraft
A military aircraft is any fixed-wing or rotary-wing aircraft that is operated by a legal or insurrectionary armed service of any type. Military aircraft can be either combat or non-combat:...
components such as mechanical actuators and ignition system
Ignition system
An ignition system is a system for igniting a fuel-air mixture. Ignition systems are well known in the field of internal combustion engines such as those used in petrol engines used to power the majority of motor vehicles, but they are also used in many other applications such as in oil-fired and...
s.
Beginnings
Transdigm Incoprorated was established in 1993 by W. Nicholas Howley and Douglas W. Peacock after acquiringAcquisition
Acquisition may refer to:* Takeover, the acquisition of a company* Mergers and acquisitions, strategy of buying and selling of various companies to quickly grow a company...
Adel Fasteners, Aero Products Component Services, Controlex Corporation and Wiggins Connectors from IMO Industries.
Four years later, in 1997, the company purchased Marathon Power Technologies.
Acquisition of Transdigm Incoprorated by Odyssey Investment Partners
The next year, Transdigm Incoprorated was acquired by Odyssey Investment Partners.Then, during the final two years of the century, the company added to its list of acquisitions with Adams Rite Aerospace and Christie Electric.
In May 2001, Transdigm Incorporated procured Champion Aviation Products, a supplier of igniters, spark plugs and oil filters from Federal-Mogul Corporation for approximately $160 million. It was at this time that Nicholas Howley took over the position of Chief Executive Officer from Douglas Peacock as Peacock transferred into his role as Chairman of the Board.
Formation of Transdigm Group Incoprorated
In 2003, Transdigm Group Incorporated was formed by Warburg PincusWarburg Pincus
Warburg Pincus, LLC is an American private equity firm with offices in the United States, Europe, Brazil and Asia. It has been a private equity investor since 1966...
Private Equity VIII to acquire Transdigm Incorporated. This transaction materialized shortly after TransTechnology Corporation sold Norco, Inc. to Marathon Power Technologies.
Then, in 2004, Transdigm Group procured Avionic Instruments of Avenel, New Jersey
Avenel, New Jersey
Avenel is a census-designated place and unincorporated area within Woodbridge Township, in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the CDP population was 17,552...
, a supplier of specialized power conversion
Power conversion
In electrical engineering, power conversion has a more specific meaning, namely converting electric power from one form to another. This could be as simple as a transformer to change the voltage of AC power, but also includes far more complex systems...
devices for aerospace products.
The following year, Transdigm Group purchased Skurka Engineering of Camarillo, California
Camarillo, California
Camarillo is a city in Ventura County, California, United States. The population was 65,201 at the 2010 census, up from 57,084 at the 2000 census. The Ventura Freeway Camarillo is a city in Ventura County, California, United States. The population was 65,201 at the 2010 census, up from 57,084 at...
, a manufacturer and distributor of electromagnetic
Electromagnetic
Electromagnetic may refer to:* Electromagnetism* Electromagnetic field* Electromagnetic force* Electromagnetic radiation* Electromagnetic induction* Electromagnetic spectrum...
equipment as well as the Fluid Regulators division of Esterline Technologies, who manufactures flight control valves and pressure valves.
In June 2006, the company then procured both Sweeney Engineering and Electra-Motion Industries for a grand total of $27 million, along with CDA InterCorp in October of that year for an additional $45 million. Three months later, Aviation Technologies, a producer of avionics and instruments, became a part of the TransDigm family followed by Bruce Industries, a producer of fluorescent aircraft lighting, in August 2007.