Heico buys again

1998-06-17T15:20:00

Within days of announcing a major merger with French ground support equipment (GSE)company Teleflex-Lionel-Dupont (TLD), Heico has revealed two new cash deals to buy engine parts makers. It will pay $41 million for McClain International, which serves the general aviation market, and $15 million for PTM International, which serves airlines. ...

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