AAR Corp. Acquires HAECO Americas in $78M Deal, Expanding MRO Footprint
16 Articles
16 Articles
HAECO Americas with facility in Greensboro acquired by AAR Corp.
GREENSBORO, N.C. (WGHP) — Aviation services provider AAR Corp. announced on Monday that it has acquired HAECO Americas from HAECO Group for $78 million. The acquisition was done through an all-cash transaction that is subject to customary adjustments. HAECO Americas is the second-largest heavy maintenance provider in North America, behindAAR. The business performs heavy aircraft […]
AAR acquires HAECO Americas and signs multi-year contracts with key customers, extending North American MRO leadership
The acquisition expands AAR's heavy maintenance footprint and accelerates the Company's strategic objective to grow its Repair & Engineering segment
AAR doubles down on MRO power with HAECO Americas acquisition
AAR CORP. has completed the acquisition of HAECO Americas from HAECO Group for US$78 million in cash, subject to standard adjustments. The deal immediately expands AAR’s aircraft maintenance network and supports its goal to grow its repair and engineering segment. HAECO Americas is the second-largest heavy maintenance provider in North America, behind AAR itself. It operates two major facilities—one in Greensboro, North Carolina, and another in …
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