EAST AURORA, N.Y.–(BUSINESS WIRE)–Moog Inc. (NYSE: MOG.A and MOG.B) announced today that it has completed the acquisition of Dublin, Ireland based TEAM Accessories Limited. The purchase price was not disclosed. The business will support Moog’s current Commercial Aftermarket service offerings and expand its global reach.
TEAM is a leading aerospace and industrial engineering business specializing in Maintenance, Repair and Overhaul (MRO) with testing and repair services for airframe components and safety equipment. The company’s core business is focused on critical and high-value jet engine accessories used by global commercial airline and cargo carriers, but also provides services to the industrial gas turbine sector. TEAM Accessories has 40 employees working in its Dublin engineering site.
“We’re excited to bring TEAM’s products and people into Moog’s Aircraft Controls segment,” said Mark Brooks, Moog Commercial Aftermarket Group Vice President and General Manager. “TEAM expands our product and capabilities portfolio for the aircraft engine accessories market. Their reputation for high quality and reliable service fit well with Moog’s core principles.”
About Moog
Moog Inc. is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog’s high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, marine and medical equipment. Additional information about the company can be found at www.moog.com. For more information on Moog’s commercial aftermarket services visit www.moogtotalsupport.com.
