AAR Corp Agrees to Acquire Majority Stake in MRO Holdings for $1.8 Billion
AAR Corporation (AIR) has agreed to acquire a majority stake in privately held aircraft maintenance company MRO Holdings for $1.8 billion. The deal involves AAR purchasing a 65% interest, with the remaining ownership likely retained by Bain Capital and other investors backing MRO Holdings. This acquisition is expected to strengthen AAR’s position in the aviation services sector by integrating MRO Holdings’ capabilities into its portfolio of aircraft maintenance solutions. Given the strategic alignment between both companies, this move could enhance operational efficiencies and expand service offerings for customers across the aerospace industry.
Topics: AAR Corp Bain Capital MRO Holdings