TransDigm said it completed the acquisition of the Electron Device Business of Communications & Power Industries on June 6, 2024 for approximately $1.385 billion in cash.

8-KOther EventsFiled Jun 6, 2024Period of report Jun 6, 2024Summary published (UTC) Oct 30, 2026

Key points

AI summary

TransDigm said it completed the acquisition of the Electron Device Business of Communications & Power Industries on June 6, 2024 for approximately $1.385 billion in cash.
The company said it financed the acquisition with cash on hand and cash proceeds from the notes offerings it completed in November 2023.
The company said the CPI Electron Device Business generated about $300 million in revenue for its fiscal year ended September 29, 2023, and that approximately 70% of its revenue comes from the aftermarket.
The company said the business has manufacturing locations in 4 places, including Palo Alto, Beverly, Middlesex and Woodland, and employs about 900 people.

Summary

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Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

CPI Electron Device Business Acquisition Completed

TransDigm said it completed the acquisition of the Electron Device Business of Communications & Power Industries on June 6, 2024 for approximately $1.385 billion in cash.

Source · Based on the filing body and exhibits

How the Acquisition Was Financed

The company said it financed the acquisition with cash on hand and cash proceeds from the notes offerings it completed in November 2023.

Source · Based on the filing body and exhibits

Revenue and Profile of the Business Acquired

The company said the CPI Electron Device Business generated about $300 million in revenue for its fiscal year ended September 29, 2023, and that approximately 70% of its revenue comes from the aftermarket.

Source · Based on the filing body and exhibits

Manufacturing Locations and Workforce of the Business Acquired

The company said the business has manufacturing locations in 4 places, including Palo Alto, Beverly, Middlesex and Woodland, and employs about 900 people.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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