Electrical Components International (ECI) has bought Aerosystems International (ASI), a manufacturer and supplier of electrical distribution and control systems for the aerospace industry.
ASI's "fully integrated design, engineering, and manufacturing capabilities" mean it is "able to provide comprehensive tailored solutions to its customers", ECI said in its announcement of the acquisition, describing the Montreal-based ASI as "a trusted partner to industry-leading OEMs in the aerospace industry".
“With strong demand for aircrafts in the years ahead, manufacturers are relying on partners who are equipped to meet their highly technical needs throughout production,” said Mike Balsei, chief executive of ECI, a supplier of electrical distribution systems, control box assemblies, and "other critical engineered components for diversified markets".
"Joining a global leader like ECI provides us with many exciting opportunities to continue our growth journey as we move into the future. As part of the ECI family, we look forward to deepening our partnerships, offerings, and reach across our core markets around the world," said Fergie Legge, chief executive and president of ASI.#