Triumph Group to buy General Donlee

|About: Triumph Group, Inc. (TGI)|By:, SA News Editor

Triumph Group (TGI -0.2%) will acquire machined components maker General Donlee Canada (GDIMF.PK) for $110M in cash.

The deal will add ~$60M to TGI's annual revenue and will be "immediately accretive to earnings." (PR)

SA contributor Always Bullish is, well, bullish on TGI, and says the company "stacks up well valuation wise" against peers.