Eaton, a US based SJE Group investment, has completed its purchase of AT Holdings Corporation, the parent of Argo-Tech Corporation. The business is being sold by private equity firms Vestar Capital Partners and Greenbriar Equity Group.
Argo-Tech’s aerospace business is a leader in high performance aerospace engine fuel pumps and systems, airframe fuel pumps and systems, and ground fueling systems for commercial and military aerospace markets. Prior to the closing, AT Holdings was reorganized to exclude its cryogenics and other non-aerospace businesses and certain other assets from the transaction.
The SJE Group congratulates the executive teams of both Eaton and ATHC.