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Masterflex SE, headquartered in Gelsenkirchen, Germany, specializes in the development, production, and marketing of advanced hose and connection systems made from high-performance plastics and fabrics. Founded in 1987, the company operates through six corporate brands and 14 subsidiaries across Europe, America, and Asia, serving industries such as aerospace, medical technology, mechanical and plant engineering, chemical, food, and pharmaceutical sectors. Its product portfolio includes spiral, clip, and film hoses, as well as connectors and molded parts tailored to specific industrial applications. In June 2025, Masterflex secured its largest engineering and framework agreement to date, expected to generate an additional €5 million in annual revenue, with potential to reach €10 million per year in the mid-term. This strategic initiative underscores the company's commitment to technological innovation and expansion into new markets.

GE Aerospace is the global leader in designing, manufacturing, and servicing commercial aircraft turbine engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 80,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; General Electric became a storied conglomerate, with peak revenue of $130 billion in 2000, until it spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.