HEICO acquires avionics company Gables Engineering
Summary by avitrader.com
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1 Articles
HEICO acquires avionics company Gables Engineering
HEICO Corporation (HEICO) has announced the acquisition of Gables Engineering, Inc., a long-established leader in advanced avionics controls, for an undisclosed cash sum. The transaction, completed by HEICO's Electronic Technologies Group, is expected to be accretive to HEICO's earnings within one year of the purchase. Founded in 1946, Gables Engineering has built a strong reputation as a specialist designer and manufacturer of avionics systems,…
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