TransDigm Group Files 8-K Report

TL;DR

TDG filed an 8-K, likely routine updates or exhibits.

AI Summary

On May 22, 2024, TransDigm Group Incorporated filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits." No specific financial transactions or material events were detailed in the provided excerpt, suggesting it may be a routine filing or related to exhibit submissions.

Why It Matters

This filing indicates TransDigm Group is providing updates or submitting required documentation to the SEC, which is standard for publicly traded companies.

Risk Assessment

Risk Level: low — The provided excerpt of the 8-K filing does not contain information about significant events, financial changes, or risks.

Key Players & Entities

• TransDigm Group Incorporated (company) — Registrant
• May 22, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Cleveland, Ohio (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — nge on which registered: Common Stock, $0.01 par value TDG New York Stock Exchange
• $170 million — EI" or the "Company") for approximately $170 million in cash. A copy of this Press Release i
• $30 million — y is expected to generate approximately $30 million in revenue for the calendar year ending

Filing Documents

• tdg-20240522.htm (8-K) — 36KB
• exhibit991pressreleaseseia.htm (EX-99.1) — 12KB
• image_1.jpg (GRAPHIC) — 159KB
• 0001260221-24-000052.txt ( ) — 394KB
• tdg-20240522.xsd (EX-101.SCH) — 2KB
• tdg-20240522_lab.xml (EX-101.LAB) — 22KB
• tdg-20240522_pre.xml (EX-101.PRE) — 13KB
• tdg-20240522_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events. On May 22, 2024, TransDigm Group Incorporated ("TransDigm Group") issued a press release (the "Press Release") announcing the completion of the acquisition of SEI Industries LTD. ("SEI" or the "Company") for approximately $170 million in cash. A copy of this Press Release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. SEI is a leading provider of highly engineered products for aerial firefighting and other liquid transportation solutions, such as remote refueling, for both the commercial and defense aerospace end markets. Headquartered in Delta, British Columbia, the Company employs approximately 80 people and approximately 85% of its revenue is derived from the aftermarket. SEI's innovative and world renowned Bambi Bucket , is a proprietary collapsible firefighting bucket used across the globe to combat forest fires, among other applications. SEI provides exceptional aftermarket support of the Bambi Bucket through its 12 international repair facilities. The Company is expected to generate approximately $30 million in revenue for the calendar year ending December 31, 2024. The acquisition was financed through existing cash on hand.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRANSDIGM GROUP INCORPORATED By: /s/ Sarah Wynne Name: Sarah Wynne Title: Chief Financial Officer (Principal Financial Officer) Dated: May 22, 2024

View Full Filing

View this 8-K filing on SEC EDGAR