Platinum Equity affiliate to acquire Wesco Aircraft for $1.9bn
Supply chain management (SCM) services provider Wesco Aircraft has signed a definitive merger agreement to be acquired by an affiliate of Platinum Equity for $1.9bn.
Supply chain management (SCM) services provider Wesco Aircraft has signed a definitive merger agreement to be acquired by an affiliate of Platinum Equity for $1.9bn.
BBA Aviation has signed a $1.37bn agreement to sell OEM-licensed component provider Ontic to private equity company CVC Fund Vll.
Motion and control technologies provider Parker Hannifin has signed a definitive agreement to acquire US-based Exotic Metals Forming Company in a $1.725bn cash deal.
South Korean airline Korean Air has finalised an agreement to buy 20 Boeing 787 Dreamliner aircraft.
Qatar Airways and aircraft engine manufacturer GE Aviation have signed multiple agreements worth $5bn for GEnx and GE9X engines.
French aircraft manufacturer Dassault Aviation has acquired technology group RUAG’s maintenance and fixed base operator (FBO) activities in Geneva and Lugano, Switzerland.
Air Canada has concluded a definitive arrangement agreement to acquire all issued and outstanding shares of Transat for C$520m ($387m).
US-based aerospace company Kaman Corporation has agreed to sell its distribution unit to affiliates of private equity firm Littlejohn for $700m in cash.
Japan’s Mitsubishi Heavy Industries (MHI) has signed a definitive agreement to acquire the Canadair Regional Jet (CRJ) aircraft programme of Bombardier for $750m.
Canada’s Transport Minister Marc Garneau has approved the proposed C$5bn ($3.71bn) acquisition of WestJet Airlines by private equity company Onex.