M&A Deal Summary

Alcoa Fastening Systems Acquires TransDigm Aerospace Fastener Business

On January 31, 2011, Alcoa Fastening Systems acquired aerospace company TransDigm Aerospace Fastener Business from TransDigm Group for 240M USD

Acquisition Highlights
  • This is Alcoa Fastening Systems’ 1st transaction in the Aerospace sector.
  • This is Alcoa Fastening Systems’ largest (disclosed) transaction.
  • This is Alcoa Fastening Systems’ 1st transaction in the United States.
  • This is Alcoa Fastening Systems’ 1st transaction in Ohio.

M&A Deal Summary
Date 2011-01-31
Target TransDigm Aerospace Fastener Business
Sector Aerospace
Buyer(s) Alcoa Fastening Systems
Sellers(s) TransDigm Group
Deal Type Divestiture
Deal Value 240M USD

Target

TransDigm Aerospace Fastener Business

Cleveland,, Ohio, United States
TransDigm Aerospace Fastener Business,designs, produces, and supplies engineered aircraft components for use in commercial and military aircraft worldwide.

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Buyer(S) 1

Buyer

Alcoa Fastening Systems

Telford,, United Kingdom
Category Company
Founded 1983
Sector Machinery
DESCRIPTION

Alcoa Fastening Systems, a worldwide designer and manufacturer of specialty fastening systems, components, and installation tools for aerospace and industrial applications.

DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

TransDigm Group

Cleveland, Ohio, United States
Category Company
Founded 1993
Sector Aerospace
Employees15,500
Revenue 6.6B USD (2023)
DESCRIPTION

TransDigm Group is a designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft platforms. TransDigm's major product lines include pumps, ignition system components, mechanical controls and actuators, engineered connectors, NiCad batteries and chargers, lavatory components and overhead bin latches. TransDigm Group was founded in 1983 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 1 of 8
Sector (Aerospace) 1 of 3
Type (Divestiture) 1 of 8
State (Ohio) 1 of 2
Country (United States) 1 of 4
Year (2011) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-27 McKechnie Aerospace Holdings

Irvine, California, United States

McKechnie Aerospace Holdings, Inc. is a global manufacturer of aerospace components, assemblies and subsystems for commercial aircraft, regional/business jets, and military fixed wing and rotorcraft vehicles.

Buy $1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Schneller

Kent, Ohio, United States

Schneller, Inc. designs and manufactures highly engineered laminates, thermoplastics, and non-textile flooring for use primarily on side walls, lavatories, galleys, bulkheads, and cabin floors. These products are found on almost every commercial transport and regional jet platform.

Buy $289M
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