MIAMI – A Heico Corp. subsidiary has acquired Dukane’s Seacom division, a maker of underwater locator beacons. Financial terms were not disclosed.
 
The business, which Heico has renamed Dukane Seacom, will be part of Heico’s Electronic Technologies Group. Its operations will remain in St. Charles, IL.
 
The firm said Dukane Seacom's management would remain with the business in their pre-acquisition roles. It does not expect other near-term staff turnover to result.
 
Heico expects the acquisition to be accretive to its earnings per share during the year following closing.

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