Add-on Acquisition • Aerospace

Triumph Group Acquires Ozone Industries

On April 29, 2002, Triumph Group acquired aerospace company Ozone Industries

Acquisition Context
  • This is Triumph Group’s 5th transaction in the Aerospace sector.
  • This is Triumph Group’s 5th transaction in the United States.
  • This is Triumph Group’s 2nd transaction in Connecticut.

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M&A Deal Summary

Date April 29, 2002
Target Ozone Industries
Sector Aerospace
Buyer(s) Triumph Group
Deal Type Add-on Acquisition

Target Company

Ozone Industries

East Lyme, Connecticut, United States
Ozone Industries engages in design, development, testing and manufacturing of aircraft hydraulic systems and components for the defense and commercial markets.
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Buyer Overview 1

Buyer

Triumph Group

Radnor, Pennsylvania, United States

Category Company
Founded 1993
Sector Aerospace
Employees4,530
Revenue 1.2B USD (2024)
DESCRIPTION

Triumph Group is an entity which designs, engineers, manufactures, overhauls, and repairs aircraft components, including mechanical controls, avionics, instrumentation, engine accessories, and auxiliary power units. Triumph Group was founded in 1993 and is besed in Radnor, Pennsylvania.


Deal Context for Buyer #
Overall 5 of 32
Sector: Aerospace 5 of 30
Type: Add-on Acquisition 3 of 20
State: Connecticut 2 of 3
Country: United States 5 of 29
Year: 2002 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-04-29 HTD Aerospace

Bloomfield, Connecticut, United States

HTD Aerospace LLC engages in design, development, testing and manufacturing of aircraft hydraulic systems and components for the defense and commercial markets. These proprietary products include nose wheel steering assemblies and hydraulic quick disconnect couplings. As an FAA approved repair station, the Company services its own products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-02 Aerocell Structures

Hot Springs, Arkansas, United States

Aerocell Structures, Inc.specializes in the repair and overhaul of airframe components, bonded components, and structural assemblies for all commercial air fleets.

Buy -