M&A Deal Summary

Teledyne Technologies Acquires Mattituck Aviation

On November 9, 1999, Teledyne Technologies acquired aerospace company Mattituck Aviation

Acquisition Highlights
  • This is Teledyne Technologies’ 1st transaction in the Aerospace sector.
  • This is Teledyne Technologies’ 1st transaction in the United States.
  • This is Teledyne Technologies’ 1st transaction in New York.

M&A Deal Summary

Date 1999-11-09
Target Mattituck Aviation
Sector Aerospace
Buyer(s) Teledyne Technologies
Deal Type Add-on Acquisition

Target

Mattituck Aviation

Mattituck, New York, United States
Mattituck Aviation Corporation is a privately owned aftermarket supplier and piston engine rebuilder and overhauler to the general aviation marketplace.

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Buyer(S) 1

Buyer

Teledyne Technologies

Thousand Oaks, California, United States

Category Company
Founded 1960
Sector Test/Measurement Equipment
Employees14,900
Revenue 5.7B USD (2024)
DESCRIPTION
Entrance to Teledyne's corporate campus in Thousand Oaks, California.
Entrance to Teledyne's corporate campus in Thousand Oaks, California.

Teledyne Technologies provides enabling technologies for deepwater oil and gas exploration and production, oceanographic research, air and water quality environmental monitoring, electronics design and development, factory automation, and medical imaging markets. The Company's products include monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, electronic test and measurement equipment, digital imaging sensors and cameras, aircraft information management systems, and defense electronic and satellite communication subsystems. Teledyne also supplies engineered systems for defense, space, environmental and energy applications. Teledyne Technologies was founded in 1960 and is based in Thousand Oaks, California.


DEAL STATS #
Overall 1 of 49
Sector: Aerospace M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 37
State: New York M&A 1 of 2
Country: United States M&A 1 of 29
Year: 1999 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1990-04-01 Kemper

Chicago, Illinois, United States

Kemper is a diversified insurance holding company with subsidiaries that provide an array of products to the individual and small business market. Kemper was founded in 1990 and is based in Chicago, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-14 Teledyne Cast Parts

United States

Teledyne Cast Parts is a producer of aerospace castings.

Sell -