# TransDigm to acquire Esterline Technologies for $4B

TransDigm Group Incorporated agreed to purchase all outstanding shares of Esterline Technologies Corporation for $122.50 per share in cash, totaling approximately $4.0 billion including debt assumption. The transaction was announced on October 10, 2018.

- Type: Acquisition
- Announced: 2018-10-10
- Where: Bellevue, Washington, United States
- Value: $4.00B
- Status: announced
- Products: aerospace and defense products, proprietary sole source products
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Transdigm](https://endata.com/companies/4650.md) (acquirer)
- [Esterline Technologies](https://endata.com/companies/30772.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1260221/000126022118000055/ex991esterlinemergerannoun.htm), 2018-10-10: "We are pleased to have reached agreement to acquire a collection of businesses that fit well with our focused and consistent strategy."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1260221/000126022118000057/ex991esterlinemergerannoun.htm), 2018-10-10: "We are pleased to have reached agreement to acquire a collection of businesses that fit well with our focused and consistent strategy."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/10/10/1619251/0/en/TransDigm-to-Acquire-Esterline-Technologies-in-4-Billion-All-Cash-Transaction.html), 2018-10-10: "TransDigm Group Incorporated and Esterline Technologies Corporation announced today that they have entered into a definitive agreement under which TransDigm will purchase all of the outstanding shares of common stock of Esterline for $122.50 per share in cash"
- [prnewswire.co.uk](https://www.prnewswire.co.uk/news-releases/transdigm-to-acquire-esterline-technologies-in-4-billion-all-cash-transaction-696570281.html), 2018-10-10: "TransDigm Group Incorporated and Esterline Technologies Corporation announced today that they have entered into a definitive agreement under which TransDigm will purchase all of the outstanding shares of common stock of Esterline for $122.50 per share in cash"
- [cnbc.com](https://www.cnbc.com/2018/10/10/aircraft-component-maker-transdigm-to-buy-esterline-technologies-for-4-billion-in-cash.html), 2018-10-10: "Aircraft parts supplier TransDigm has agreed to buy smaller rival Esterline Technologies for about $3.6 billion as it seeks the heft to compete with Boeing and Airbus in after-sales plane servicing."
- [wsj.com](https://www.wsj.com/articles/aerospace-company-transdigm-to-buy-jet-components-maker-esterline-1539177984), 2018-10-10: "The planned deal, TransDigm’s largest-ever, would add to its product line the cockpit components, sensors and specialized parts that Esterline makes for Boeing and Airbus."
- [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/transdigm-to-buy-esterline-for-3-6-billion-amid-boeing-threat), 2018-10-10: "TransDigm Group Inc. agreed to buy Esterline Technologies Corp. for $3.6 billion plus debt, as the aerospace manufacturer expands its portfolio of high-margin spare parts."

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