---
schema_version: "secwatch.filing_event.v1"
accession: "0000046619-22-000036"
form_type: "8-K"
ticker: "HEI"
cik: "0000046619"
company_name: "HEICO CORP"
filed_at: "2022-07-29T23:59:59+00:00"
generated_at: "2026-06-24T07:05:45.171459+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HEICO agrees to acquire Exxelia for €453M cash, its largest-ever acquisition

## Summary
- Purchase price €453M cash plus assumption of ~€14M liabilities; total enterprise value ~€467M.
- Exxelia expected to generate ~€190M revenue in CY2022, primarily from aerospace/defense components.
- Closing expected by end of HEICO's fiscal Q1 2023, pending works council consultations and regulatory approvals.
- Exxelia management to retain ~5% minority stake; CEO Paul Maisonnier to continue leading post-acquisition.
- HEICO expects acquisition to be accretive to EPS within one year of closing.

## SEC filing metadata
- accession: 0000046619-22-000036
- form_type: 8-K
- ticker: HEI
- cik: 0000046619
- company_name: HEICO CORP
- filed_at: 2022-07-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46619/000004661922000036/0000046619-22-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46619/000004661922000036/hei-20220726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046619-22-000036
- JSON: https://secwatch.observer/filing/0000046619-22-000036.json
- Plain text: https://secwatch.observer/filing/0000046619-22-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.