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Electronic Equipment & Products M&A image Electronic Equipment & Products M&A » By The Online Investor Staff, updated Tue., Oct. 26, 2:42 PM Recent mergers and acquisitions in the Electronic Equipment & Products M&A category.

Slide #67. Esterline Corporation Sunbank

Acquirer: Esterline Corporation (ESL)
Acquiree: Sunbank
Details: Esterline Corporation (NYSE: ESL) (, a leading specialty manufacturer serving global aerospace and defense markets, announced today that it has acquired Joslyn Sunbank Company, LLC (Sunbank) for approximately $45 million, plus up to $5 million in earn-out consideration. Sunbank, a unit of Meggitt PLC, is a Southern California-based supplier of connector accessories, backshells, and conduit systems for aerospace and industrial markets. The company employs approximately 500 people between its facilities in California and Mexico.

Esterline Technologies is a manufacturing company serving aerospace and defense customers. Co. has three segments: Avionics and Controls, which include avionics systems, control and communication systems, and interface technologies capabilities, as well as providing global positioning systems, head-up displays, vision systems, flight management systems, touchscreen display solutions and secure communication systems: Sensors and Systems, which include power systems, connection technologies and advanced sensors capabilities; and Advanced Materials, which includes materials and defense technologies capabilities, as well as developing and manufacturing clamping and fastening devices.

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Company Name: 
Esterline Technologies Corp
Stock buyback: 
ESL buyback
Electronic Equipment & Products

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Hold (1.83 out of 4)
67th percentile
(ranked higher than approx. 67% of all stocks covered)
Based on Zacks ABR data;
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Electronic Equipment & Products M&A - Slide 67 of 100 Page |

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