Graham to Sell Schneller
August 9, 2011
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August 9, 2011
Graham Partners has entered into a definitive agreement to sell Schneller to TransDigm Group (NYSE: TDG), a provider of aircraft components, for $288.5 million. Schneller designs and manufactures laminates, thermoplastics and non-textile flooring for the aviation, rail and architectural markets. The company was acquired by Graham in 2007.
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