Santa Ana-based aircraft insulation maker Mexmil Co. is being bought by Triumph Group Inc. of Wayne, Pa., for an undisclosed amount.
Mexmil, which makes products in Mexico and through a joint venture in China, will add about $50 million in yearly revenue, according to Triumph.
In 2002, Mexmil emerged from bankruptcy with an $11 million investment from Beverly Hills-based 180 & #351; Group LLC and Los Angeles-based TriYar Capital LLC, which took a combined 60% stake in Mexmil.
Triumph designs, engineers, makes, repairs and overhauls parts for planes.
Its publicly traded shares were almost flat at close of trading, giving it a market value of $620 million.
