Cleveland-based aircraft parts maker TransDigm Group Inc. has completed the acquisition of the Telair Cargo Group of businesses from AAR Corp. for a total purchase price of US$725 million in cash, subject to adjustment. The acquisition was previously announced on 23 February 2015. Telair produces on-board cargo loading and handling, restraint systems and ULDs for a variety of commercial and military platforms with positions on a wide range of new and existing aircraft. The business … [Read more...] about TransDigm completes Telair Cargo acquisition
AAR Corp.
AAR aquires cargo loading assets of PFW Aerospace
AAR Corp. announced that its 100 per cent owned subsidiary, Telair International has signed a definitive agreement to purchase the cargo loading system assets of Speyer, Germany-based PFW Aerospace. AAR said the acquisition will enhance Telair's market position as one of the leading suppliers globally of cargo loading and baggage handling systems. Upon completion of a transition period after closing, Telair will transfer the assets to, and perform operations at, its Miesbach, Germany … [Read more...] about AAR aquires cargo loading assets of PFW Aerospace
AAR aquires cargo loading assets of PFW Aerospace
AAR Corp. announced that its 100 per cent owned subsidiary, Telair International has signed a definitive agreement to purchase the cargo loading system assets of Speyer, Germany-based PFW Aerospace. AAR said the acquisition will enhance Telair's market position as one of the leading suppliers globally of cargo loading and baggage handling systems. Upon completion of a transition period after closing, Telair will transfer the assets to, and perform operations at, its Miesbach, Germany … [Read more...] about AAR aquires cargo loading assets of PFW Aerospace
