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Astronics Corporation Announces Acquisition of Bühler Motor Aviation
Acquisition augments motion control solutions for passenger seats on commercial aircraft EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics Corporation (Nasdaq:
About this update from Astronics Corporation
[{"type":"text","content":"\nAcquisition augments motion control solutions for passenger seats on commercial aircraft\n\n\n EAST AURORA, N.Y.--(BUSINESS WIRE)--\nAstronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has acquired Bühler Motor Aviation (“BMA”) from Bühler Motor Group in an all cash transaction. Located in Uhldingen-Mühlhofen, Germany, BMA is an established manufacturer of aircraft seat actuation systems with a broad product portfolio that includes actuators, electronics, control panels, pneumatic systems, and lighting.\n\n\nPeter Gundermann, President and Chief Executive Officer of Astronics Corporation, said “BMA is an ideal tuck in to complement our current aircraft seat actuation solutions and brings additional engineering expertise, innovative technologies, and strong customer relationships. We are excited to have BMA work with our PGA subsidiary and expect their cooperative pursuits will provide best-in-class solutions and innovation for our customers. The addition of BMA furthers Astronics' commitment to this niche application of motion control in commercial aerospace.”\n\n\nBMA’s anticipated annual revenue for 2026 is $22 million at current exchange rates.\n\n\nFor more information on Astronics and its solutions, visit the Astronics website.\n\n\nABOUT ASTRONICS CORPORATION\n\n\nAstronics Corporation (Nasdaq: ATRO) serves the world’s aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. For over 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, militaries, completion centers and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics. The Company’s strategy is to increase its value by developing technologies and capabilities that provide innovative solutions to its targeted markets.\n\n\nFor more information on Astronics and its solutions, visit Astronics.com.\n\n\nSafe Harbor Statement\n\n\nThis news release contains forward-looking statements within the meaning of ...