HEICO Corporation to Acquire Leading Electric Power Generation Component Repair Companies

About this update from Heico Corporation

[{"type":"text","content":"Purchases Expand HEICO into Aeroderivative Gas Turbine Parts","length":60,"tagName":"p"},{"type":"text","content":"MIAMI, FL / ACCESS Newswire / December 16, 2025 / HEICO Corporation (NYSE:HEI.A) and (NYSE:HEI) today announced that its Flight Support Group subsidiary, Wencor Group, LLC ("Wencor"), entered into an agreement to acquire EthosEnergy Accessories and Components Limited and EthosEnergy Accessories and Components, LLC ("Ethos A&C"). Closing is subject to governmental approval and standard closing conditions and is expected to occur in the first quarter of fiscal 2026. Transaction terms and financial details were not disclosed.","length":552,"tagName":"p"},{"type":"text","content":"Ethos A&C is expected to be accretive to HEICO's earnings within the year following closing.","length":100,"tagName":"p"},{"type":"text","content":"Ethos A&C repairs a large portfolio of engine accessories including fuel nozzles, wire harnesses, starters, valves, plenum assemblies, air diffusers, and engine components including blades, vanes, seals, and other related components.","length":237,"tagName":"p"},{"type":"text","content":"Ethos A&C has grown from its inception in 1979 into a leading provider of engine component and accessory repair solutions for the aeroderivative gas turbine, aerospace, and defense markets. Ethos A&C has 175 employees at three leased locations in Connecticut, South Carolina and Scotland, spanning over 175,000 square feet.","length":331,"tagName":"p"},{"type":"text","content":"Eric A. Mendelson and Victor H. Mendelson, HEICO's Co-Chairmen and Co-Chief Executive Officers, along with Shawn Trogdon, Wencor's Chief Executive Officer, jointly commented: "We proudly welcome Ethos A&C to the Wencor and HEICO families. This acquisition will enable us to substantially increase our presence in the aeroderivative industrial gas turbine market, supporting fast-growing global energy demand fueled by the AI revolution. Ethos will remain as a standalone entity within Wencor and will expand our capabilities and service offerings to our customers as well as grow our global Maintenance, Repair and Overhaul footprint.","length":651,"tagName":"p"},{"type":"text","content":"Rikki Blair, Ethos A&C's Senior Operations Director, commented: "We are very excited to joi...

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