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Goodrich Corporation completes acquisition of DeCrane Cabin Management assets

Goodrich Corporation (NYSE: GR) has completed the acquisition of the Cabin Management assets of DeCrane Holdings Co., a leading provider of seating, furniture, veneers and cabin management systems for the business jet market. The purchase price was approximately $280 million.

Goodrich had announced its intentions to acquire DeCrane's Cabin Management assets on August 3, 2010. Details on the transaction can be found on the Goodrich press release issued that day.

DeCrane Cabin Management employs approximately 850 people at six facilities located throughout the U.S. Major customers include business jet manufacturers such as Bombardier, Cessna, Dassault, Embraer, Gulfstream and Hawker Beechcraft. Primary products include aircraft seats, molded composites, custom cabinetry, custom veneers and furniture, cabin management systems and inflight entertainment systems.

The Cabin Management assets become part of Goodrich's Interiors Strategic Business Unit, within its Nacelles and Interior Systems Segment.

Press release issued by UTC Aerospace Systems, Interiors on September 22, 2010


 Contact details from our directory:
UTC Aerospace Systems, Interiors Cabin Signage & Displays, Evacuation Systems, Life Rafts, Wire Harnesses, Aircraft Interior Lighting Systems, Electrical Cable, Passenger Service Units (PSUs), Slides, Crew Seating, Cargo Systems, Aircraft Exterior Lighting Systems, Ejector Seats, Ejection Systems, Rocket Motor Ignition Systems, Pilot Seats, Cabin Management Systems


 Related directory sectors:
Safety & Security Systems
Electrical Components
Crew Seating
Cargo Systems
Cabin Interiors

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