StandardAero To Acquire Vector Aerospace Holding SAS From Airbus

Our Bureau
07:50 AM, July 6, 2017
12165

StandardAero Aviation has entered into exclusive negotiations to acquire Vector Aerospace Holding SAS (“Vector”) from Airbus.

Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for turbine engines, components, fixed- and rotary-wing aircraft, the company announced Thursday.

The proposed transaction is subject to workers’ council consultation, signing of definitive agreements and customary approvals, such as regulatory clearances.

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