Janes - News page

Heico might continue acquisition binge

by Marc Selinger

US-based Heico Corporation, which has made three acquisitions in August and six in its current fiscal year, might not be done with its shopping spree, according to the head of the aircraft parts maker.

Heico is based in Hollywood, Florida. (Credit: Heico)

Heico is based in Hollywood, Florida. (Heico)

The acquisition pipeline is “really very, very strong”, said Laurans Mendelson, Heico’s chairman and CEO. “And I think that we will over the next six, 12 months have some very excellent opportunities.”

Mendelson believes two factors are creating those opportunities. One is that “some companies feel under pressure” in the current economic downturn,” Mendelson said on 26 August. “They've seen their markets shrink and so forth and they would like to have a strong financial partner.”

The other factor is the fear that if former vice president Joe Biden wins the November presidential election, he will seek to enact his proposal to dramatically increase capital gains taxes, which apply to profits from asset sales. The possible tax hike “is really scaring the hell out of a lot of people and -- including me,” Mendelson said.

 


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/heico-might-continue-acquisition-binge/

US-based Heico Corporation, which has made three acquisitions in August and six in its current fisca...

Heico might continue acquisition binge

by Marc Selinger

US-based Heico Corporation, which has made three acquisitions in August and six in its current fiscal year, might not be done with its shopping spree, according to the head of the aircraft parts maker.

Heico is based in Hollywood, Florida. (Credit: Heico)

Heico is based in Hollywood, Florida. (Heico)

The acquisition pipeline is “really very, very strong”, said Laurans Mendelson, Heico’s chairman and CEO. “And I think that we will over the next six, 12 months have some very excellent opportunities.”

Mendelson believes two factors are creating those opportunities. One is that “some companies feel under pressure” in the current economic downturn,” Mendelson said on 26 August. “They've seen their markets shrink and so forth and they would like to have a strong financial partner.”

The other factor is the fear that if former vice president Joe Biden wins the November presidential election, he will seek to enact his proposal to dramatically increase capital gains taxes, which apply to profits from asset sales. The possible tax hike “is really scaring the hell out of a lot of people and -- including me,” Mendelson said.

 


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/heico-might-continue-acquisition-binge/

US-based Heico Corporation, which has made three acquisitions in August and six in its current fisca...

Heico might continue acquisition binge

by Marc Selinger

US-based Heico Corporation, which has made three acquisitions in August and six in its current fiscal year, might not be done with its shopping spree, according to the head of the aircraft parts maker.

Heico is based in Hollywood, Florida. (Credit: Heico)

Heico is based in Hollywood, Florida. (Heico)

The acquisition pipeline is “really very, very strong”, said Laurans Mendelson, Heico’s chairman and CEO. “And I think that we will over the next six, 12 months have some very excellent opportunities.”

Mendelson believes two factors are creating those opportunities. One is that “some companies feel under pressure” in the current economic downturn,” Mendelson said on 26 August. “They've seen their markets shrink and so forth and they would like to have a strong financial partner.”

The other factor is the fear that if former vice president Joe Biden wins the November presidential election, he will seek to enact his proposal to dramatically increase capital gains taxes, which apply to profits from asset sales. The possible tax hike “is really scaring the hell out of a lot of people and -- including me,” Mendelson said.

 


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/heico-might-continue-acquisition-binge/

US-based Heico Corporation, which has made three acquisitions in August and six in its current fisca...

Heico might continue acquisition binge

by Marc Selinger

US-based Heico Corporation, which has made three acquisitions in August and six in its current fiscal year, might not be done with its shopping spree, according to the head of the aircraft parts maker.

Heico is based in Hollywood, Florida. (Credit: Heico)

Heico is based in Hollywood, Florida. (Heico)

The acquisition pipeline is “really very, very strong”, said Laurans Mendelson, Heico’s chairman and CEO. “And I think that we will over the next six, 12 months have some very excellent opportunities.”

Mendelson believes two factors are creating those opportunities. One is that “some companies feel under pressure” in the current economic downturn,” Mendelson said on 26 August. “They've seen their markets shrink and so forth and they would like to have a strong financial partner.”

The other factor is the fear that if former vice president Joe Biden wins the November presidential election, he will seek to enact his proposal to dramatically increase capital gains taxes, which apply to profits from asset sales. The possible tax hike “is really scaring the hell out of a lot of people and -- including me,” Mendelson said.

 


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/heico-might-continue-acquisition-binge/

US-based Heico Corporation, which has made three acquisitions in August and six in its current fisca...

Heico might continue acquisition binge

by Marc Selinger

US-based Heico Corporation, which has made three acquisitions in August and six in its current fiscal year, might not be done with its shopping spree, according to the head of the aircraft parts maker.

Heico is based in Hollywood, Florida. (Credit: Heico)

Heico is based in Hollywood, Florida. (Heico)

The acquisition pipeline is “really very, very strong”, said Laurans Mendelson, Heico’s chairman and CEO. “And I think that we will over the next six, 12 months have some very excellent opportunities.”

Mendelson believes two factors are creating those opportunities. One is that “some companies feel under pressure” in the current economic downturn,” Mendelson said on 26 August. “They've seen their markets shrink and so forth and they would like to have a strong financial partner.”

The other factor is the fear that if former vice president Joe Biden wins the November presidential election, he will seek to enact his proposal to dramatically increase capital gains taxes, which apply to profits from asset sales. The possible tax hike “is really scaring the hell out of a lot of people and -- including me,” Mendelson said.

 


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/heico-might-continue-acquisition-binge/

US-based Heico Corporation, which has made three acquisitions in August and six in its current fisca...

Heico might continue acquisition binge

by Marc Selinger

US-based Heico Corporation, which has made three acquisitions in August and six in its current fiscal year, might not be done with its shopping spree, according to the head of the aircraft parts maker.

Heico is based in Hollywood, Florida. (Credit: Heico)

Heico is based in Hollywood, Florida. (Heico)

The acquisition pipeline is “really very, very strong”, said Laurans Mendelson, Heico’s chairman and CEO. “And I think that we will over the next six, 12 months have some very excellent opportunities.”

Mendelson believes two factors are creating those opportunities. One is that “some companies feel under pressure” in the current economic downturn,” Mendelson said on 26 August. “They've seen their markets shrink and so forth and they would like to have a strong financial partner.”

The other factor is the fear that if former vice president Joe Biden wins the November presidential election, he will seek to enact his proposal to dramatically increase capital gains taxes, which apply to profits from asset sales. The possible tax hike “is really scaring the hell out of a lot of people and -- including me,” Mendelson said.

 


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/heico-might-continue-acquisition-binge/

US-based Heico Corporation, which has made three acquisitions in August and six in its current fisca...

Heico might continue acquisition binge

by Marc Selinger

US-based Heico Corporation, which has made three acquisitions in August and six in its current fiscal year, might not be done with its shopping spree, according to the head of the aircraft parts maker.

Heico is based in Hollywood, Florida. (Credit: Heico)

Heico is based in Hollywood, Florida. (Heico)

The acquisition pipeline is “really very, very strong”, said Laurans Mendelson, Heico’s chairman and CEO. “And I think that we will over the next six, 12 months have some very excellent opportunities.”

Mendelson believes two factors are creating those opportunities. One is that “some companies feel under pressure” in the current economic downturn,” Mendelson said on 26 August. “They've seen their markets shrink and so forth and they would like to have a strong financial partner.”

The other factor is the fear that if former vice president Joe Biden wins the November presidential election, he will seek to enact his proposal to dramatically increase capital gains taxes, which apply to profits from asset sales. The possible tax hike “is really scaring the hell out of a lot of people and -- including me,” Mendelson said.

 


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/heico-might-continue-acquisition-binge/

US-based Heico Corporation, which has made three acquisitions in August and six in its current fisca...

Heico might continue acquisition binge

by Marc Selinger

US-based Heico Corporation, which has made three acquisitions in August and six in its current fiscal year, might not be done with its shopping spree, according to the head of the aircraft parts maker.

Heico is based in Hollywood, Florida. (Credit: Heico)

Heico is based in Hollywood, Florida. (Heico)

The acquisition pipeline is “really very, very strong”, said Laurans Mendelson, Heico’s chairman and CEO. “And I think that we will over the next six, 12 months have some very excellent opportunities.”

Mendelson believes two factors are creating those opportunities. One is that “some companies feel under pressure” in the current economic downturn,” Mendelson said on 26 August. “They've seen their markets shrink and so forth and they would like to have a strong financial partner.”

The other factor is the fear that if former vice president Joe Biden wins the November presidential election, he will seek to enact his proposal to dramatically increase capital gains taxes, which apply to profits from asset sales. The possible tax hike “is really scaring the hell out of a lot of people and -- including me,” Mendelson said.

 


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/heico-might-continue-acquisition-binge/

US-based Heico Corporation, which has made three acquisitions in August and six in its current fisca...

Request Consultation

Request a free consultation to discover how Janes can provide you with assured, interconnected open-source intelligence.

News Janes | The latest defence and security news from Janes - the trusted source for defence intelligence