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Announced

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Stabilus acquired General Aerospace.

Synopsis

Stabilus, one of the world's leading suppliers of gas springs, damping solutions and electromechanical drives for motion control, acquired General Aerospace, which designs, manufactures, and markets motion control solutions for aviation purposes. Financial terms were not disclosed. On the acquisition of General Aerospace, Jürgen Roland, Vice President and Head of the business unit Vibration & Velocity Control, said: "Over the lifetime of an aircraft the interiors are regularly updated to the latest market trends, providing significant growth opportunities for our motion control products that increase both safety and comfort. General Aerospace has established a proven growth track record over more than a decade. The company's success is based on continuous innovation and years of experience working with leading customers worldwide."

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