AAR CORP. acquires Telair International GmbH from Teleflex Incorporated
AAR CORP. (NYSE: AIR) with registered offices in Wood Dale, Illinois has completed the acquisition of Telair International GmbH and Nordisk Aviation Products, AS from Teleflex International (NYSE: TFX) on December 2, 2011. The transaction value amounted to about USD 280 million.
AAR was advised in the USA by Winston & Strawn LLP and in Germany by v. Boetticher Hasse Lohmann - Partnerschaft von Rechtsanwälten. Teleflex Incorporated was advised in the USA by Simpson, Thacher & Bartlett and in Germany by Graf von Westphalen.
AAR is a leading provider of products and value-added services to the worldwide aerospace and government and defense industries. With facilities and sales locations around the world, AAR serves its customers through four operating segments: Aviation Supply Chain; Government and Defense Services; Maintenance, Repair and Overhaul; and Structures and Systems. More information can be found at www.aarcorp.com.
Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Headquartered in Limerick, Pennsylvania, Teleflex employs approximately 11,600 people worldwide and serves healthcare providers in more than 130 countries. Additional information about Teleflex is available on the website www.teleflex.com.
Advisors AAR CORP.:
Boetticher Hasse Lohmann
(Frankfurt/Munich): Dr. Ullrich Lohmann, Dr. Nina Leonard (both Corporate /M&A).
Advisors Teleflex Incorporated:
Graf von Westphalen (Munich): Robert A. Heym (Lead), Felix Wolf, Dr. Antonia Kallmayer (all Corporate M&A), Dr. Daniel Michel (IP/IT), Christoph J. Hauptvogel, Michael Henne (both employment law).
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