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Thursday, Mar 28, 2024

Aerospace Acquisition Completed

Aircraft component manufacturer TransDigm Group has completed its acquisition of Semco Instruments, based in Valencia. The deal between Semco and TransDigm, with headquarters in Cleveland, was worth $74 million in cash. Semco makes parts used in helicopters, business jets and selected regional airplanes. Semco had revenues of $38 million in 2009, according to TransDigm. Mark R. Madler

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