TransDigm to acquire Cobham Aero Connectivity for $965M

TransDigm Group entered a definitive agreement to acquire Cobham Aero Connectivity for approximately $965 million in cash. CAC, headquartered in Marlow, UK, supplies antennas and radios for aerospace and is expected to generate $225 million in revenue in 2020.

“TransDigm Group Incorporated today announced it has entered into a definitive agreement to acquire Cobham Aero Connectivity for approximately $965 million in cash, including tax benefits.”prnewswire.com

• 3 sources
• prnewswire.comTransDigm Announces Acquisition of Cobham Aero Connectivity and Provides Update on Potential Divestitures of Former Esterline Operating UnitsTransDigm Group Inc.Nov 24, 2020
• defensedaily.comTransDigm To Acquire Aerospace Connectivity Business From Cobham - Defense DailyCal BieseckerNov 24, 2020
• nasdaq.comTransDigm (TDG) Acquires Cobham Aero Connectivity for $965MJan 6, 2021

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