BHW Secures Historic Win for Servotronics Shareholders and Western New York Withdraws Proxy Campaign Following TransDigm Agreement that Preserves Local Jobs

Rhea-AI Summary

BHW, Servotronics' (SVT) largest shareholder, announced the end of its proxy campaign following TransDigm Group's (TDG) proposed acquisition of Servotronics. The deal represents a significant victory, delivering a 250+% share price premium compared to January 2025 levels when BHW initiated its board slate nomination. The transaction, driven by BHW's S.A.V.E. Servotronics Plan, aims to preserve 275 jobs and aerospace manufacturing capabilities in Western New York. BHW's chairman Paul L. Snyder III emphasized TransDigm's recognition of Servotronics' underutilized potential, proprietary technology, and skilled workforce. While concluding its campaign, BHW will continue advocating for transparency and urges TransDigm to formally commit to maintaining and growing operations in Elma and Franklinville, N.Y.

Positive

• Acquisition deal delivers 250+% share price premium to shareholders
• TransDigm's commitment to preserve 275 local jobs
• Strategic acquisition by a world-class aerospace company validates Servotronics' value
• Protection of proprietary technology and manufacturing capabilities

Negative

• Lack of formal commitment from TransDigm regarding local operations maintenance
• Uncertainty around implementation of the acquisition

News Market Reaction

+0.13%

1 alert

+0.13% News Effect

On the day this news was published, SVT gained 0.13%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

BUFFALO, N.Y., May 22, 2025 /PRNewswire/ -- Beaver Hollow Wellness, LLC ("BHW"), the largest shareholder of Servotronics, Inc. (NYSE American: SVT), today announced it will conclude its proxy solicitation campaign following the proposed acquisition of Servotronics by TransDigm Group Incorporated (NYSE: TDG). This landmark transaction not only delivers an exceptional return to shareholders, but also reflects a significant step forward in preserving Western New York's aerospace manufacturing base.

"We did not begin this campaign for ourselves—we did it to protect 275 hard-working employees and the advanced manufacturing capabilities that Western New York has proudly built over decades," said Paul L. Snyder III, Chairman of BHW. "It is a testament to our region's strength that a world-class aerospace company like TransDigm recognizes the value of Servotronics and is committed to investing in its people and facilities. We welcome their leadership and intend to hold them to this commitment."

BHW's campaign has already generated outsized value, resulting in a 250+% share price premium compared to the stock's level when BHW nominated its board slate in January 2025. That premium is a direct outcome of the pressure applied by BHW's S.A.V.E. Servotronics Plan, which catalyzed overdue strategic action by the incumbent board.

"TransDigm saw what we saw—underutilized potential, proprietary technology, and a skilled workforce worth protecting," Snyder continued. "Without our effort, Servotronics would have continued to drift toward irrelevance. Because of our campaign, its future is now in the hands of a firm capable of securing long-term success."

Although BHW is concluding its campaign, it will continue to advocate for transparency and accountability in how the acquisition is implemented. The firm is encouraging TransDigm to issue a formal public commitment to maintain and grow Servotronics' operations in Elma and Franklinville, N.Y.

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"We have been—and will always be—champions of Western New York," Snyder emphasized. "BHW's mission goes beyond corporate transactions. It's about ensuring our community, our workers, and our industries are not left behind. That commitment will not waver."

About Beaver Hollow Wellness
Beaver Hollow Wellness, LLC is a private investment and business development firm dedicated to operational excellence, workforce empowerment, and driving long-term value for shareholders and communities alike.

Media Contact

Kevin Keenan
Keenan Communications Group
(716) 481-6806
kevin@keenancommunicationsgroup.com

Investor Contact

Alliance Advisors
200 Broadacres Drive, 3rd Floor
Bloomfield, NJ 07003
BHW@allianceadvisors.com

View original content:https://www.prnewswire.com/news-releases/bhw-secures-historic-win-for-servotronics-shareholders-and-western-new-york-withdraws-proxy-campaign-following-transdigm-agreement-that-preserves-local-jobs-302463118.html

SOURCE Beaver Hollow Wellness

FAQ

What is the premium offered in TransDigm's acquisition of Servotronics (SVT)?

The acquisition represents a 250+% share price premium compared to Servotronics' stock price in January 2025 when BHW nominated its board slate.

How many jobs will be preserved in the TransDigm-Servotronics deal?

The deal aims to preserve 275 jobs in Servotronics' Western New York operations.

What is BHW's role in the Servotronics (SVT) acquisition?

BHW, as Servotronics' largest shareholder, initiated a proxy campaign and implemented the S.A.V.E. Servotronics Plan, which ultimately led to the TransDigm acquisition.

Where are Servotronics' main operations located?

Servotronics' operations are located in Elma and Franklinville, New York.

What attracted TransDigm to acquire Servotronics (SVT)?

TransDigm was attracted to Servotronics' underutilized potential, proprietary technology, and skilled workforce.