HEICO (HEI) Buys Capewell's Divisions to Strengthen Operation

HEICO Corporation (HEI) recently announced that its Flight Support Group has acquired the Aerial Delivery and Descent Devices divisions of Capewell Aerial Systems ("Capewell") for cash. Capewell is a leading provider of proprietary aircraft cockpit emergency egress and aerial delivery products for various commercial aerospace and defense uses. HEICO's Gain From Capewell Acquisition Capewell is a critical supplier to a wide-ranging customer base that includes leading OEMs, end-users and distributors. The com ...