With its purchase of Triumph’s Product Support Group, AAR aims to boost its aftermarket capabilities.
Credit: Alamy Stock Photo
AAR Corp. announced on Dec. 21 that it would buy Triumph’s (TGI) Product Support Group for $725 million in an all-cash deal expected to bolster the Illinois-based company’s aftermarket capabilities. TGI’s Product Support Group is a third-party repair business that provides MRO services to both...
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