Hartzell Engine Technologies (HET) announced its acquisition of Sky-Tec — a manufacturer of aircraft starters and solenoids — today at Sun ‘n Fun.
Hartzell Announces Acquisition of Sky-Tec
Key Takeaways:
- Hartzell Engine Technologies (HET) acquired Sky-Tec, a manufacturer of aircraft starters and solenoids, significantly enhancing HET's product offerings.
- The acquisition expands HET's market reach to include Lycoming, four-cylinder Continental, Rotax, and Franklin engines, complementing its existing strength in Continental engine starters.
- This move aligns with HET's strategy for growth through acquisition, with Sky-Tec's manufacturing operations scheduled to transfer to HET's Alabama facility by the end of 2016.
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