Triumph Group Announces Acquisition of Saygrove Defence & Aerospace Group, Ltd.
Saygrove, which is located in Buckley, U.K., designs and builds proprietary advanced control products for flight actuation and motor control applications in all-electric aircraft and Unmanned Aerial Vehicles (“UAVs”). Their range of products includes all-electric solutions, fully integrated electro-mechanical systems, multi-channel electronic controllers, motor/gearbox combinations, and a range of sensors.
More information about Triumph can be found on the Internet at http://www.triumphgroup.com.
Statements in this release which are not historical facts are
forward-looking statements under the provisions of the Private
Securities Litigation Reform Act of 1995, including statements of
expected revenue and accretion. All forward-looking statements involve
risks and uncertainties which could affect the company’s actual results
and could cause its actual results to differ materially from those
expressed in any forward looking statements made by, or on behalf of,
the company. Further information regarding the important factors that
could cause actual results to differ from projected results can be found
in Triumph’s reports filed with the
Triumph Group, Inc.
Sheila G. Spagnolo