HOLLYWOOD, Fla. and SANTA FE SPRINGS, Calif., May 6, 2013 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that it has entered into a definitive agreement to acquire Reinhold Industries, Inc. ("Reinhold") from certain affiliates of The Jordan Company, L.P., a New York-based investment firm, and Reinhold management. Reinhold will be part of HEICO's Flight Support Group. Financial details were not disclosed, but HEICO stated that it expects the acquisition to be accretive to its earnings per share within the first twelve months following closing.
HEICO Corporation Agrees To Make Important Acquisition
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