HEICO Corporation Subsidiary Acquires Solid Sealing Technology, Inc.
Heico Corporation (HEI)
Last heico corporation earnings: 2/25 04:15 pm
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Source: Business Wire
HEICO’s 6th Acquisition in the Past 12 Months MIAMI & WATERVLIET, N.Y.--(BUSINESS WIRE)-- HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) today announced that its Electronic Technologies Group acquired 85% of the stock of Solid Sealing Technology, Inc. (“SST”) in an all cash transaction. HEICO stated that it expects the acquisition to be accretive to its earnings within the year following the purchase. Further financial terms and details were not disclosed. Watervliet, NY-based SST is a leading designer and manufacturer of high-reliability ceramic-to-metal feedthroughs and connectors for demanding environments within the defense, industrial, life science, medical, research, semiconductor, and other markets. SST employs approximately 50 team members and operates out of a single 26,000 square foot, state-of-the-art facility in Watervliet, NY. Since the company’s founding in 2004, SST
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HEI
Earnings
- 2/26/24 - Beat
HEI
Sec Filings
- 4/18/24 - Form 4
- 4/10/24 - Form 4
- 4/1/24 - Form 4
- HEI's page on the SEC website