HEICO Corporation to acquire Axillon Aerospace's fuel containment business from SK Capital Partners.

HEICO Corporation, an aerospace and electronics company, agreed to acquire Axillon Aerospace's fuel containment business from SK Capital Partners, a private investment firm. Financial terms were not disclosed. "Axillon Fuel Containment adds a storied and highly-regarded business to HEICO. Its products are the standard on a wide array of aircraft for both new production and aftermarket use. These highly reliable and mission-critical products are designed and produced by an amazing group of talented people working diligently to support our Country's military and several commercial aircraft makers. We are honored to have this special company within HEICO and look forward to welcoming all of Axillon Fuel Containment's Team Members to the HEICO family," Eric A. Mendelson and Victor H. Mendelson, HEICO Co-Chairmen and Chief Executive Officers.