M&A Deal Summary

Curtiss-Wright Acquires Novatronics

On December 4, 2003, Curtiss-Wright acquired aerospace company Novatronics for 14M USD

Acquisition Highlights
  • This is Curtiss-Wright’s 3rd transaction in the Aerospace sector.
  • This is Curtiss-Wright’s 38th largest (disclosed) transaction.
  • This is Curtiss-Wright’s 11th transaction in the United States.
  • This is Curtiss-Wright’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2003-12-04
Target Novatronics
Sector Aerospace
Buyer(s) Curtiss-Wright
Deal Type Add-on Acquisition
Deal Value 14M USD

Target

Novatronics

Charlotte,, North Carolina, United States
Novatronics designs and manufactures electric motors and position sensors (both linear and rotary) for the commercial aerospace, military aerospace and industrial markets.

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Buyer(S) 1

Buyer

Curtiss-Wright

Davidson, North Carolina, United States

Category Company
Founded 1929
Sector Diversified
Employees8,600
Revenue 2.8B USD (2023)
DESCRIPTION

Curtiss-Wright is a global company that delivers highly engineered, critical function products and services to the commercial, defense, energy, and industrial markets. Curtiss-Wright operates through three segments: Commercial/Industrial, Defense, and Energy. The Commercial segment offers products/services that include surface technology services such as shot peening, laser peening, coatings and advanced surface analytics; industrial products such as electronic throttle control devices and transmission shifters; electro-mechanical actuation control components, and utility systems used on aircraft. The Defense segment produces embedded computing board level modules, integrated subsystems, turret aiming and stabilization products, and weapons handling systems. The Energy segment produces a wide range of hardware, pumps, valves, pressure vessels, fastening systems, specialized containment doors, airlock hatches, spent fuel management products, and fluid sealing technologies for nuclear power plants and nuclear equipment manufacturers. Curtiss-Wright was founded in 1929 and is based in Davidson, North Carolina.


DEAL STATS #
Overall 13 of 59
Sector (Aerospace) 3 of 7
Type (Add-on Acquisition) 4 of 41
State (North Carolina) 1 of 1
Country (United States) 11 of 41
Year (2003) 4 of 4
Size (of disclosed) 38 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-02 Systran

Dayton,, Ohio, United States

Systran is a supplier of highly-specialized, high-performance data communications products for real-time systems, primarily for the aerospace and defense, industrial automation and medical imaging markets. Key applications include simulation, process control, advanced digital signal processing, data acquisition, image processing, and test and measurement.

Buy $18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-02 Dy 4 Systems

Kanata, Ontario, Canada

Dy 4 Systems is engaged in rugged embedded computing solutions for the defense and aerospace industries. Using standard, commercially available computing technologies, referred to as commercial-off-the-shelf or COTS, Dy 4 customizes the products to perform reliably in rugged conditions, such as extreme temperature, terrain and/or speed.

Buy $110M