Private equity firm to buy Quebec's Heroux-Devtek in deal valued at $1.35 billion

The landing gear maker will keep its headquarters and manufacturing operations in Quebec.

LONGUEUIL, Que. — Aircraft landing gear maker Heroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm Platinum Equity Advisors LLC in a deal valued at $1.35 billion. Read More