- TransDigm Group (TDG, Financial) successfully acquires Servotronics (SVT) through a $47.00 per share cash tender offer.
- The tender offer had a high participation rate with 87.09% of outstanding shares tendered.
- Servotronics will be delisted from NYSE American as part of TransDigm's strategic expansion in aerospace components.
TransDigm Group (TDG) has finalized its acquisition of Servotronics (SVT) via a tender offer at $47.00 per share in cash. This offer expired on June 30, 2025, with 2,228,197 shares, or approximately 87.09% of outstanding shares, validly tendered and accepted for payment.
Following the successful tender offer, TransDigm completed a merger on July 1, 2025, under Section 251(h) of the Delaware General Corporation Law without the need for a stockholder vote. Shareholders with non-tendered shares will receive the same cash consideration of $47.00 per share. As part of this acquisition, Servotronics will be delisted from NYSE American.
This acquisition represents a strategic expansion for TransDigm by integrating Servotronics' expertise in servo controls and components into its portfolio, which includes engineered aircraft parts for commercial and military use. The transaction's structure reflects TransDigm's confidence in rapidly integrating Servotronics' operations, strengthening its presence in the aerospace sector.
