TransDigm Sells Schroth Unit To Managers And Investors

Embattled TransDigm Group will sell its recently acquired Schroth Safety Products seatbelt provider to the business unit's management and a private equity investor, the companies announced Dec. 21. Neither financial details nor a timeline were provided. Schroth will be sold to Perusa Partners Fund 2...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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