Douglas Equipment Ltd acquired by Curtiss-Wright Flow Control.
M2 BEST BOOKS-(C)2000-2011 M2 COMMUNICATIONS
Curtiss-Wright Flow Control Company, part of Curtiss-Wright Corporation (NYSE:CW), reported on Wednesday that it has acquired the assets of Douglas Equipment Ltd, a supplier of aviation support vehicles.
The purchase price was approximately USD20m in cash.
Douglas supplies various commercial aviation ground support vehicles, including a range of towbarless and conventional aircraft tractors and runway friction measuring devices. The company, which is based in the UK, recorded sales of approximately USD28m in 2010.
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|Publication:||M2 Best Books|
|Article Type:||Brief article|
|Date:||Apr 7, 2011|
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