TransDigm completes acquisition of SEI Industries LTD

TransDigm Group announced that it has completed the acquisition of SEI Industries LTD. SEI Industries, headquartered in Delta, British Columbia, is a leading provider of highly engineered products for aerial firefighting and other liquid transportation solutions, such as remote refueling. Their innovative and world renowned Bambi Bucket, is a proprietary collapsible firefighting bucket used across the globe to combat forest fires, among other applications. SEI provides exceptional aftermarket support of the Bambi Bucket through its 12 international repair facilities. SEI’s revenues are derived from both the commercial and defense aerospace end markets, with about 85% of the revenues coming from the aftermarket. The Company employs approximately 80 people and is expected to generate approximately $30M in revenue for the calendar year ending December 31, 2024. The acquisition was financed through existing cash on hand.