Zodiac Aerospace has agreed to acquire German galley manufacturer Sell, although it has not given terms of the deal.
Herborn-based Sell generated revenues of €179 million ($224 million) last year, says Zodiac, and employs 1,250 personnel.
Zodiac says the acquisition will enable it to "propose a full and competitive range of products" to airlines and airframers.
The takeover comes two years after Sell ran into supply problems as it struggled to cope with increased demand, resulting in delays to Boeing 777 deliveries.
Zodiac has not indicated whether the acquisition is related to this issue.
But it says the deal will "reinforce" its position in the cabin interiors market, following the acquisition of C&D Aerospace and Driessen Aerospace.
It states that the transaction requires regulatory clearance and expects it to close by the end of this year.
Zodiac Aerospace's recent expansion strategy has also included taking over Canadian wiring harness firm Cantwell Cullen & Company and French-based hydraulic equipment manufacturer Quinson.
Source: Air Transport Intelligence news
