23-Dec-2009 11:15 AM

Goodrich acquires AIS Global Holdings

Goodrich Corporation completed (21-Dec-2009) the acquisition of AIS Global Holdings, known as Atlantic Inertial Systems, from an investment affiliate of JF Lehman & Company for approximately USD375 million. Goodrich had announced its intentions to acquire AIS on 17-Nov-2009. The acquisition is expected to be “slightly accretive to earnings” in 2010, including the impact of purchase accounting adjustments.