HEICO Announces That Its Electronic Technologies Group Acquired Approximately 88% Of Mid Continent Controls, Inc. For Cash At Closing; Additional Financial Details Were Not Disclosed.
HEICO Announces That Its Electronic Technologies Group Acquired Approximately 88% Of Mid Continent Controls, Inc. For Cash At Closing; Additional Financial Details Were Not Disclosed.
MC2's products enhance the aircraft user experience, enabling passengers to mirror their ground experience in the air as they stay connected in flight. The company offers hundreds of different niche parts used on a wide range of business aircraft, while serving both new aircraft production and the aftermarket.HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced that its Electronic Technologies Group acquired approximately 88% of Mid Continent Controls, Inc. ("MC2") for cash at closing. Key MC2 managers will continue to own the balance of the company. Additional financial details were not disclosed.
海科航空公司（NYSE:HEI）今日宣布，其电子技术集团以现金方式收购了Mid Continent Controls, Inc.（"MC2"）约88%的股权。关键的MC2管理人员将继续拥有公司的其余股权。未披露其他财务详情。
HEICO stated that it expects the acquisition to be accretive to its earnings within the year following the acquisition.
海科表示，预计该收购将使其在收购后的一年内对收益产生增值。
Derby, KS-based MC2 is a niche designer and manufacturer specializing in proprietary in-cabin power and entertainment components and subsystems for business jets. Its core products include power outlets, power distribution modules, cabin management systems, multimedia connectivity ports, seat controls and switch panels.
位于堪萨斯Derby的MC2是一家专业设计和制造独有的座舱电源和娱乐元件和业务飞机子系统的领先厂家。其核心产品包括电源插座、电源分配模块、舱室管理系统、多媒体连接口、座椅控制以及交换机面板。
MC2's products enhance the aircraft user experience, enabling passengers to mirror their ground experience in the air as they stay connected in flight. The company offers hundreds of different niche parts used on a wide range of business aircraft, while serving both new aircraft production and the aftermarket.
MC2的产品提升了飞机乘客的使用体验，使乘客能够在空中保持连接从而体验地面般的感受。该公司提供数百种不同的专业零部件，用于广泛的业务飞机，同时服务于新飞机生产和售后市场。
