For Immediate Release
August 18, 2016
NEW YORK – AGI Holdings LLC (“AGI”), an investment affiliate of J.F. Lehman & Company (“JFLCO”), announced today the recent acquisition of Aircraft Appliances and Equipment Limited (“AAE”) by one of its wholly owned subsidiaries.
Headquartered in Brampton, Ontario, Canada, AAE is a leading provider of proprietary naval filtration systems, marine valves and tachometer generators for the U.S., Canadian and other global defense departments. AAE also provides repair and overhaul services for a range of commercial and military aircraft, submarine, shipboard and ground support equipment.
AGI is a leading global provider of proprietary situational awareness and LED lighting systems for naval vessels, military and commercial aircraft and military ground vehicles. AGI’s core product lines include naval visual landing systems, wind and speed sensor systems for naval and aviation applications, expeditionary airfield lighting, aircraft and ground vehicle lights and night vision test equipment. AGI serves hundreds of customers in over 50 countries, with operating subsidiaries including Aeronautical & General Instruments in Poole, U.K. and Hoffman Engineering in Stamford, CT.
“AGI offers its global military customer base a differentiated portfolio of proprietary, market-leading situational awareness, sensor and lighting technologies. We are excited to broaden that portfolio and expand our North American presence with AAE’s highly engineered naval and aviation focused product and service offerings,” said Steve Brooks, Chairman of AGI and Partner at JFLCO. “AAE’s dedicated engineering culture, proprietary product offering and focus on quality and customer service represents a strong strategic fit with AGI’s own core operating principles. We are looking forward to further serving our collective customer bases with this broadened portfolio of solutions.”
Jones Day LLP (lead counsel), Blake, Cassels & Graydon LLP (local Canadian counsel) and Miller & Chevalier Chartered (international trade, government contracts and defense security compliance matters) acted as legal advisors to AGI and JFLCO.