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Astronics Acquires Mass Transit Test Solution Provider Diagnosys Test Systems


Friday, 4 Oct 2019 

Oct 4 (Reuters) - Astronics Corp ::ASTRONICS ACQUIRES MASS TRANSIT TEST SOLUTION PROVIDER DIAGNOSYS TEST SYSTEMS.ASTRONICS - ACQUIRED 100% OF EQUITY OF THREE PRIMARY OPERATING SUBSIDIARIES OF DIAGNOSYS FOR $7 MILLION IN CASH.ASTRONICS - TERMS OF ACQUISITION ALLOW FOR A POTENTIAL EARN-OUT OF UP TO AN ADDITIONAL $13 MILLION OVER NEXT THREE YEARS BASED ON CERTAIN ACHIEVEMENTS.