Esterline to Acquire NMC Group 11/18/2008 By Michelle DeGrand on
BELLEVUE, Wash., November 18, 2008 — Esterline Corporation (NYSE: ESL www.esterline.com) today announced an agreement to acquire NMC Group (Nylon Molding Corporation) for approximately $90 million. NMC is a designer and manufacturer of specialized fasteners for the aerospace/defense industry. Completion of the transaction is expected in 30 to 45 days, contingent upon Hart-Scott-Rodino approval and other customary closing conditions. Esterline will fund the acquisition with available cash.
Esterline Announces Divestiture of Muirhead Aerospace Subsidiary to Ametek 11/3/2008 By Michelle DeGrand on
BELLEVUE, Wash., November 3, 2008 — Esterline Corporation (NYSE: ESL) today announced the divestiture of its UK based Muirhead Aerospace subsidiary to AMETEK, Inc. (NYSE: AME).