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Article: Actuant Finalizes Acme Aerospace Sale to TransDigm Group

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Wireless News
Article date:
July 29, 2009
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Wireless News
07-29-2009
Actuant Finalizes Acme Aerospace Sale to TransDigm Group
Type: News

Actuant, a diversified industrial company, announced that it has completed the sale of its Acme Aerospace business to TransDigm Group.

Actuant's Acme Aerospace business, reported within the Engineered Solutions segment, designs and manufactures lightweight, high power battery chargers, power supplies and backup power systems including fiber nickel cadmium (FNC) batteries for use in commercial and military aerospace applications. The business has annual revenues of approximately $18 million.
Robert C. Arzbaecher, Actuant Chief Executive Officer, said, "We are pleased to have completed the ...

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