Heico subsidiary acquires aviation parts company

 

hsampson@MiamiHerald.com

A susidiary of niche technology company Heico Corp., Seal Dynamics LLC, has completed the acquisition of California-based Quest Aviation Supply.

Heico, with headquarters in Hollywood and Miami, announced the purchase Monday but did not disclose financial details. The company, which manufactures replacement parts for airplanes as well as components for the space, defense, communications, medical and computer industries, said it expects the purchase to be accretive to its earnings within the first year after the deal closes.

Quest supplies parts to repair thrust reversers on certain aircraft engines. The company’s products and employees will join Seal Dynamics.

Read more Business stories from the Miami Herald

  • Brickell Motors buys Ocean Cadillac

    Brickell Motors announced on Wednesday that it has purchased Ocean Cadillac, adding the iconic luxury brand to its growing family of automotive dealerships that includes Brickell Honda, Brickell Buick & GMC, Audi Stuart, Infiniti Stuart and Brickell Luxury Motors. Terms of the deal were not released.

  • WORK/LIFE BALANCING ACT

    In the social media age, private actions are company business

    As Ray Rice and others have learned, workers can be fired for inappropriate behavior in their personal lives.

  • COURTS

    Feds allege $300-million Ponzi scheme at Cay Clubs Resorts

    Federal prosecutors filed a superseding indictment against two former executives of Cay Clubs Resorts, alleging a $300-million fraudulent scheme at the firm.

Miami Herald

Join the
Discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category