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Mar. 26, 2015, 10:54 AM
- TransDigm (TDG -0.2%) has completed its purchase of the Telair Cargo Group, an aerospace cargo handling business, from AAR (AIR), for ~$725M in cash.
- The company financed the acquisition through a combination of existing cash on hand and borrowing of $75M under its existing revolving credit facility.
- Previously: TransDigm to acquire Telair Cargo Group (Feb. 23 2015)
Feb. 23, 2015, 8:40 AM| Feb. 23, 2015, 8:40 AM
Oct. 21, 2011, 12:10 PM
AAR Corp along with its subsidiaries is engaged in providing products & services including overhaul, repair & engineering services to aviation & government & defense markets. It is also engaged in design, manufacture and repair of transportation pallets.
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