DeCrane Is For Sale…For the Right Price

NBAA Convention News » 2008
October 1, 2008, 7:01 AM

Since late 2006 DeCrane Aerospace has undergone an internal restructuring that included a name change, a headquarters relocation, a shift in marketing strategy and a refinancing effort.

More to the point, rumors that the company is for sale are accurate. In fact, the company has been for sale for quite some time. According to Heidi Pursley, v-p of sales and marketing, “The intent since DeCrane was bought in 1999 by Credit Suisse has always been to sell the company, [although] there are no active offers on the table.”
Nor does Credit Suisse appear to be in any hurry, preferring to wait, said Pursley, “for the right time and the right buyer.”

Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.