Loading
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.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More