Goodrich Buys PE-backed Microtecnica

Aircraft parts supplier Goodrich Corp. will pay 330 million euros ($466.8 million) to acquire private equity-backed Microtecnica, Reuters reported. Microtecnica, a maker of actuation systems for the aerospace industry, is owned by European private equity firm Stirling Square Capital Partners, which had bought the firm in July 2008 from a subsidiary of United Technologies Corp., Reuters said. The acquisition is expected to close during the second quarter of 2011.

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