Astronics Corp. ( ATRO ) , a supplier of advanced aerospace and defense technologies, has acquired Bühler Motor Aviation (BMA) from Bühler Motor Group in an all-cash deal to expand its aircraft seat motion control systems portfolio.

BMA, based in Uhldingen-Mühlhofen, Germany, produces aircraft seat actuation systems, including actuators, electronics, control panels, lighting, and pneumatic systems. The deal is part of Astronics' ( ATRO ) plan to strengthen its cabin technology and motion control business.

Peter Gundermann, Astronics' ( ATRO ) president and CEO, said BMA brings valuable engineering expertise and customer relationships that align with the company's long-term goals. "BMA is an ideal tuck-in to complement our current aircraft seat actuation solutions and brings additional engineering expertise, innovative technologies, and strong customer relationships," he said.

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Gundermann added that BMA will work with Astronics' ( ATRO ) PGA subsidiary to deliver next-generation comfort and control solutions for airlines.

Astronics ( ATRO ) expects BMA to generate about $22 million in annual revenue by 2026. The acquisition supports the company's focus on enhancing motion control and cabin automation as airlines modernize seating and in-flight comfort systems.

ATRO held cash and cash equivalents of $13.46 million at the end of the second quarter.

The deal follows Astronics' ( ATRO ) convertible notes offering that raised $225 million, bolstering its balance sheet and enabling further investment in high-growth aerospace segments.

Price Action: ATRO shares were trading higher by 1.00% to $46.43 premarket at last check Monday.

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