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Teleflex Completes Sale of Aerospace Businesses

Dépèche transmise le 2 décembre 2011 par Business Wire

Teleflex Completes Sale of Aerospace Businesses

LIMERICK, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technology products, announced today that it has completed the previously announced sale of its cargo systems and container aerospace businesses to a subsidiary of AAR CORP. (NYSE: AIR) for $280 million.

The cargo systems and container businesses are reflected as discontinued operations in Teleflex’s consolidated financial statements.

About Teleflex Incorporated

Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Our mission is to provide solutions that enable healthcare providers to improve outcomes and enhance patient and provider safety. Headquartered in Limerick, PA, Teleflex employs approximately 11,600 people worldwide and serves healthcare providers in more than 130 countries. For additional information about Teleflex please refer to www.teleflex.com.