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Teleflex to acquire Nordisk Aviation
Teleflex has signed an agreement to acquire Nordisk Aviation Products, a company engaged in developing, supplying and servicing containers and pallets for air cargo.
Teleflex expects the agreement to strengthen and expand its air cargo equipment capabilities. The transaction is likely to be completed in the fourth quarter of 2007.
John Suddarth, president of Teleflex Aerospace, said: "Air cargo is key to the global economy and an important element of the Teleflex Aerospace portfolio. This transaction reflects our commitment to serving the airline industry with durable air cargo products that use state-of-the-art materials. We are also committed to leading the air cargo industry in aftermarket services."
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