Press Release: Mergers: Commission approves acquisition of aviation equipment company Goodrich by rival United Technologies, subject to conditions

Following an in-depth investigation the European Commission has cleared under the EU Merger Regulation the proposed acquisition of Goodrich Corporation by United Technologies Corporation (UTC), both US-based companies active in the production and sale of aviation equipment on a worldwide basis.

The approval is conditional upon the divestment of Goodrich's businesses in electrical power generation (AC) and in engine controls for small engines. It is also subject to Rolls Royce being granted an option to acquire Goodrich's lean burn fuel nozzle R&D project.