# TransDigm acquires Takata's aerospace business for $90M

TransDigm Group acquired the stock of SCHROTH Safety Products GmbH and certain aviation and defense assets from Takata Corporation for approximately $90 million in cash, including Takata Protection Systems Inc., which will operate as SCHROTH.

- Type: Acquisition
- Announced: 2017-02-22
- Where: Arnsberg, Germany; Pompano Beach and Orlando, Florida, Germany
- Value: $90.0M
- Jobs: 260
- Status: completed
- Products: safety systems, restraints, airbags, cockpit security components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Transdigm](https://endata.com/companies/4650.md) (acquirer)
- [Takata Corporation](https://endata.com/companies/22393.md) (target)
- [SCHROTH Safety Products GmbH](https://endata.com/companies/22394.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/transdigm-announces-the-acquisition-of-takata-corporations-aerospace-business-300411547.html), 2017-02-22: "SCHROTH has built a solid reputation based on technical expertise and product excellence."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.