TransDigm Group Acquires Aerospace Company for $2.2 Billion

TransDigm Group Inc. specializes in aerospace systems and components, with net sales broken down into engine components (49.6%), cabin systems (48%), and other products (2.4%). The company operates around 120 production sites worldwide, with the US accounting for 62.7% of net sales. TransDigm Group has entered into an agreement to be acquired by private equity firm KKR for approximately $2.2 billion in cash.