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Business/Financial

J.F. Lehman Acquires Small Aerospace And Defense Companies

By Cal Biesecker

Tuesday, August 26th, 2014

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J.F. Lehman Acquires Small Aerospace And Defense Companies

AGI's Helicopter Visual Approach System is used on carrier and non-carrier vessels. Photo: AGI

The private equity firm J.F. Lehman & Company on Tuesday said it has acquired the United Kingdom-based holding company Aeronautical & GI Holdings Ltd (AGI), which owns subsidiaries in Britain and the United States that serve the aerospace and defense industries in the areas of instrumentation, night vision testing and lighting. Terms of the deal for AGI, which was part of Britain’s HWH Investments, were not disclosed. AGI’s U.K.-based subsidiary is Aeronautical & General Instruments Ltd., which manufactures a wide…

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