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HEICO CORPORATION COMPLETES THE ACQUISITION OF PIONEER INDUSTRIES

Flight Support Group Acquires Leading Specialty Defense Spares Distributor

Farmingdale, NY and Miami — HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Flight Support Group completed the acquisition of Pioneer Industries. On February 10, 2022, HEICO announced that it entered into an agreement, subject to regulatory approval which was subsequently received, to acquire Pioneer. The Purchase was completed under previously announced terms.

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