---
schema_version: "secwatch.filing_event.v1"
accession: "0000046619-22-000038"
form_type: "8-K"
ticker: "HEI"
cik: "0000046619"
company_name: "HEICO CORP"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:24:11.242141+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# HEICO to acquire Exxelia International for €453M in cash plus ~€14M liabilities

## Summary
- Purchase price of €453 million cash plus assumption of approximately €14 million in liabilities.
- Exxelia is a global leader in Hi-Rel passive electronic components and rotary joint assemblies for aerospace/defense.
- Transaction expected to close after obtaining required antitrust clearance and foreign investment authorizations.
- Exxelia's management and team members will retain a minority interest of around 5% of the business.

## SEC filing metadata
- accession: 0000046619-22-000038
- form_type: 8-K
- ticker: HEI
- cik: 0000046619
- company_name: HEICO CORP
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46619/000004661922000038/0000046619-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46619/000004661922000038/hei-20220805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046619-22-000038
- JSON: https://secwatch.observer/filing/0000046619-22-000038.json
- Plain text: https://secwatch.observer/filing/0000046619-22-000038.txt

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