Workflow
TransDigm Agrees to Buy Servotronics for $110M, Expands Portfolio
TransDigmTransDigm(US:TDG) ZACKS·2025-05-23 00:47

TransDigm Group, Inc. (TDG) revealed that it signed a definitive merger agreement with Servotronics, Inc., resulting in the latter becoming an indirect, fully-owned subsidiary of TransDigm. The transaction is worth nearly $110 million in cash, including certain tax benefits.The cash consideration reflects a 274% premium over Servotronics' closing share price on May 16, 2025.How Will the Merger Benefit TransDigm Stock?Servotronics serves the global aerospace and defense industry through the supply of its ser ...