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TransDigm To Acquire Fluid Controls Manufacturer Young & Franklin

Cal Biesecker By
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TransDigm To Acquire Fluid Controls Manufacturer Young & Franklin
Young & Franklin’s products include a range of liquid fuel valves. Photo: Young & Franklin

TransDigm Group [TDG] on Tuesday 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 this year 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 aerospace…

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