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TransDigm To Acquire Fluid Controls Manufacturer Young & Franklin

Rich Abott By
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TransDigm Group [TDG] on Sept. 6 said it has agreed to acquire Young & Franklin Inc., a manufacturer of fluid controls for the aerospace and industrial gas turbine markets.The transaction is expected to close in September. TransDigm said Young & Franklin is expected to have $75 million in sales in 2016 with the aftermarket accounting for about 70 percent of the business.New York-based Young & Franklin makes highly engineered valves and actuators with about 70 percent of its business in…

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