AMETEK Buys Aero Components Int'l, Avtech Avionics and Instruments
AMETEK, Inc. (NYSE: AME) today announced the acquisitions of Aero Components International (ACI) and Avtech Avionics and Instruments (Avtech), both privately owned, FAA-certified aviation repair operations located in Miami, FL.
ACI repairs and overhauls fuel, hydraulic, pneumatic, power generation and heat exchanger components and is one of the few independent aviation repair shops with fuel repair capabilities. Avtech's expertise is in the repair and maintenance of next generation and legacy avionics and instruments. Each business operates separate facilities located near AMETEK's High Standard Aviation aerospace maintenance, repair and overhaul (MRO) operation.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.