HEICO Flight Support buys 80% stake in Sherwood Avionics and Accessories
HEICO Corporation
HEICO Corporation HEI | 0.00 |
- HEICO Flight Support Group acquired 80% of Sherwood Avionics and Accessories, with remaining 20% retained by Sherwood management.
- Sherwood runs FAA and EASA Part 145 MRO operations focused on defense aircraft components, including APUs and landing gear.
- Business supports multiple fixed-wing and rotary-wing platforms, including C-130, CH-47, F-15, F-16, UH-60.
- Sherwood operates two facilities near Miami’s Opa-locka Airport totaling about 70,000 square feet, employing about 150.
- Transaction terms were not disclosed; acquisition expected to be accretive to earnings in year following closing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HEICO Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202604070800ACCESSWRNAPR_____1155177) on April 07, 2026, and is solely responsible for the information contained therein.
