HEICO Corporation (NYSE:HEI) agreed to acquire Fuel Containment Business from Axillon Aerospace from Axillon Aerospace on November 10, 2025. As part of the cquisition, SK Capital will continue to own Axillon Aerospace's Engineered Composites business and Axillon Fuel Containment will continue to be overseen by its current management team, led by Tom Holst. Axillon Fuel Containment's name will change post-closing to a name that will soon be selected.
The transaction is subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in the first calendar quarter of 2026.
Guggenheim Securities, LLC and Lazard, Inc. acted as financial advisor and Latham & Watkins LLP acted as legal advisor for Axillon Aerospace. Pillsbury Winthrop Shaw Pittman LLP acted as legal advisor for HEICO Corporation.
HEICO Corporation is a manufacturer of jet engine and aircraft component replacement parts. The Company’s segments include Flight Support Group (FSG) and Electronic Technologies Group (ETG). FSG segment consists of HEICO Aerospace Holdings Corp. and HEICO Flight Support Corp. and their subsidiaries. FSG uses technology to design and manufacture jet engine and aircraft component replacement parts. FSG repairs, overhauls and distributes jet engine and aircraft components, avionics and instruments for domestic and foreign commercial air carriers and aircraft repair companies, as well as military and business aircraft operators. ETG segment consists of HEICO Electronic Technologies Corp. and its subsidiaries. Its ETG designs, manufactures and sells various types of electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers, electrical power supplies, back-up power supplies and others.
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