# HEICO Flight Support Group to acquire 74% of Pioneer Industries

HEICO Corporation's Flight Support Group agreed to acquire 74% of Pioneer Industries, a specialty distributor of spares for military aviation, marine, and ground platforms, for cash at closing plus potential additional consideration.

- Type: Acquisition
- Announced: 2022-02-10
- Where: Farmingdale, NY, United States
- Status: announced
- Products: defense spares
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [HEICO Corporation](https://endata.com/companies/22707.md) (acquirer)
- [Pioneer Industries](https://endata.com/companies/60971.md) (target)

## Sources

- [newswire.com](https://www.newswire.com/news/heico-corporation-agrees-to-acquire-leading-specialty-defense-spares-distributor), 2022-02-10: "HEICO Corporation today announced its Flight Support Group entered into an agreement to acquire 74% of Pioneer Industries, LLC for cash at closing."

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