Aero 3 (AeroRepair) Acquires Avianor Wheel & Brake Division
October 9, 2015
Aero 3, Inc., together with its wholly owned subsidiary AeroRepair Corp., acquired the Wheel & Brake Division of Avianor, Inc., expanding Aero 3's MRO footprint into Canada. The acquisition adds Montreal and Calgary facilities, increases capacity and broadens AeroRepair's capability to service Boeing and Airbus narrow- and wide-body aircraft as part of an add-on growth strategy.
- Buyers
- Aero 3, Inc., AeroRepair Corp.
- Targets
- Avianor Wheel & Brake Division (Avianor, Inc.)
- Sellers
- Avianor, Inc., Sylvain Savard
- Platforms
- AeroRepair Corp.
- Industry
- Aerospace & Defense
- Location
- Quebec, Canada
- Transaction Type
- Addon
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