Summary
This Form 8-K/A filing from TransDigm Group (TDG) serves as an amendment to a previous 8-K report, primarily to formally disclose the completion of its acquisition of McKechnie Aerospace Holdings Inc. The acquisition, finalized on December 6, 2010, was for a total purchase price of approximately $1.27 billion on a cash-free, debt-free basis, subject to working capital adjustments. This significant transaction positions TransDigm to expand its offerings in the aerospace products sector. The amendment also incorporates by reference previously filed financial statements and pro forma information related to the McKechnie acquisition. Investors should note that these financial details, including audited and unaudited statements for McKechnie and pro forma combined financial information for TransDigm, were previously disclosed in earlier 8-K filings dated November 30, 2010, and December 10, 2010. This filing ensures these crucial financial disclosures are formally associated with the completion of the acquisition.
Key Highlights
- 1TransDigm Group (TDG) officially completed the acquisition of McKechnie Aerospace Holdings Inc. on December 6, 2010.
- 2The total purchase price for McKechnie was approximately $1.27 billion, on a cash-free, debt-free basis.
- 3The acquisition price is subject to adjustments related to working capital and other customary items.
- 4McKechnie Aerospace Holdings Inc. is described as a privately-owned supplier of innovative aerospace products.
- 5This 8-K/A filing incorporates by reference necessary financial statements and pro forma information regarding the acquisition.
- 6Previously filed financial details for McKechnie (as of Dec 31, 2009, 2008, and unaudited Sep 26, 2010) are referenced.
- 7Previously filed pro forma combined financial information for TDG as of September 30, 2010, is also referenced.