HEICO Corporation makes two acquisitions

HEICO Corporation Acquired Capewell’s Aircraft Cockpit Emergency Egress and Aerial Delivery Solutions

HEICO Corporation’s Flight Support Group acquired the Aerial Delivery and Descent Devices divisions of Capewell Aerial Systems (“Capewell”), a leading provider of proprietary aircraft cockpit emergency egress and aerial delivery products for various commercial aerospace and defense uses. It is a critical supplier to a wide-ranging customer base that includes leading OEMs, end-users, and distributors. Capewell’s highly engineered product portfolio encompasses emergency descent devices (“EDDs”), personnel and cargo parachute products, heavy airdrop platforms, and other products.

HEICO Corporation’s Subsidiary Exxelia Acquired 70% of SVM Private Limited

HEICO Corporation announced that its Paris, France-based Exxelia subsidiary acquired 70% of SVM Private Limited. Exxelia is part of HEICO’s Electronic Technologies Group. SVM’s management retains the remaining 30% ownership. Based in Chennai, India, SVM is a leading designer and manufacturer of high-performance electronic passive components and sub-systems, including critical magnetic components and busbars, specifically serving the healthcare and industrial end-markets.