M&A Deal Summary

Astronics Acquires PGA Electronic SA

On November 4, 2013, Astronics acquired aerospace company PGA Electronic SA for 29M USD

Acquisition Highlights
  • This is Astronics’ 2nd transaction in the Aerospace sector.
  • This is Astronics’ 3rd largest (disclosed) transaction.
  • This is Astronics’ 1st transaction in France.

M&A Deal Summary

Date 2013-11-04
Target PGA Electronic SA
Sector Aerospace
Buyer(s) Astronics
Deal Type Add-on Acquisition
Deal Value 29M USD

Target

PGA Electronic SA

Montierchaume, France
PGA Electronic SA is a designer and manufacturer of seat motion and lighting systems primarily for business and first class aircraft seats and is Europe's leading provider of in-flight entertainment/communication systems as well as cabin management systems for private VVIP aircraft.

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Buyer(S) 1

Buyer

Astronics

East Aurora, New York, United States

Category Company
Founded 1968
Sector Aerospace
Employees2,500
Revenue 795M USD (2024)
DESCRIPTION

Astronics designs and manufactures products for the aerospace and defense industries. Astronics was founded in 1968 and is based in East Aurora, New York.


DEAL STATS #
Overall 3 of 11
Sector: Aerospace M&A 2 of 5
Type: Add-on Acquisition M&A Deals 3 of 10
Country: France M&A 1 of 1
Year: 2013 M&A 3 of 3
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-01 AeroSat

Amherst, New Hampshire, United States

AeroSat Corp. develops, produces and distributes wireless communications solutions. Created from its patented core technologies, AeroSat's product line of antennae for corporate and commercial aircraft enable the worldwide reception of television in aircraft, two-way satellite communications, and aircraft-to-aircraft communications.

Buy $12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-28 Astronics Test Systems

Irvine, California, United States

Astronics Test Systems, Inc. is a manufacturer and supplier of test and measurement systems.

Buy -