Electrical Parts Intercontinental, Inc. (“ECI”), a main world-wide supplier of electrical distribution devices, handle box assemblies, and other essential engineered elements for diversified marketplaces, currently declared the acquisition of Aerosystems Worldwide, Inc. (“ASI”).
Established in 1971, ASI is a specialty company and provider of electrical distribution and command systems generally serving the aerospace end market. With its entirely built-in style, engineering, and manufacturing abilities, ASI is in a position to supply extensive tailor-made solutions to its customers. The organization has develop into a dependable associate to sector-major OEMs in the aerospace industry, regarded for high quality, support, and delivery in Canada and globally.
“With powerful demand from customers for aircrafts in the several years forward, manufacturers are relying on partners who are geared up to meet their highly specialized demands in the course of creation,” mentioned Mike Balsei, Chief Government Officer of ECI. “ASI’s a long time of knowledge and specialised expertise have solidified its position as a reliable supplier of wire harnesses and cable assemblies for the aerospace current market. Alongside one another, we are going to be capable to establish on ASI’s leadership as we go on expanding into superior-expansion, superior-price segments.”
Fergie Legge, Chief Executive Officer and President of ASI, commented: “We’re unbelievably very pleased of ASI’s far more than 50-12 months heritage of constantly delivering excellent, tailor-made methods to our customers. Signing up for a international leader like ECI presents us with lots of enjoyable prospects to continue our development journey as we move into the upcoming. As part of the ECI relatives, we glimpse ahead to deepening our partnerships, offerings, and get to across our core marketplaces close to the planet.”
ECI is a portfolio company of Cerberus Cash Administration, L.P., a worldwide leader in option investing.
About ECI
Launched in 1953, Electrical Components Worldwide (ECI) is 1 of the world’s leading suppliers of electrical distribution techniques, handle box assemblies, and other crucial engineered parts for diversified marketplaces. With 25,000 workforce and 40 world-wide manufacturing destinations, ECI is the reliable lover to market place leaders with 500+ customers. At ECI, we electricity intelligent, related, and electrified alternatives that help the most state-of-the-art systems to resolve the most complicated problems. For much more facts about ECI, stop by www.ecintl.com.
About ASI
Based in Saint-Laurent, Montreal, Aerosystems Worldwide, Inc. (ASI) is an AS9100 qualified producer, delivering specialised production services for electrical distribution and command methods to the aerospace industry. Given that its founding in 1971, ASI has become a trusted associate to the aerospace field for its high-quality, assistance, and shipping to foremost aerospace OEMs globally.
View resource variation on businesswire.com: https://www.businesswire.com/news/home/20230421005130/en/
