J.F. Lehman's AGI buys Aircraft Appliances and Equipment

U.K.-based AGI Holdings LLC said it recently acquired Brampton, Ontario's Aircraft Appliances and Equipment Ltd (AAE), a company focused on the design, manufacture, repair, overhaul and distribution of equipment for aircraft and naval ships. No financial terms were released. AGI, a maker of instruments and systems for the defence and civil markets, said the deal broadens its portfolio and expands its North American presence. AGI is backed by U.S. private equity firm J.F. Lehman & Co. It entered the portfolio with J.F. Lehman's acquisition of Aeronautical & General Instruments Ltd and Hoffman Engineering Corp in August 2014.

DealsCanadaNorth AmericaBriefs