Announced
Completed
Financials
Tags
compressors
Aerospace
Private
Completed
honeycomb
Airlines
Natural
Taiwan
honeycomb seal
aero-engine components
Acquisition
Single Bidder
Synopsis
MB Aerospace, the international aerospace group has acquired Asian Compressor Technology Services Company, an in-house repair of aero-engine components within the turbine and compressor sections of gas turbine aero-engines provider. Financial terms were not disclosed. “ACTS will now operate in synergy with our high-volume compressor and turbine component manufacturing facility at MB Aerospace Newton Abbot in the UK. Expanding our capabilities in the turbine and compressor sections of the aero-engine is a key strategic objective for MB Aerospace and we have ambitious plans for further growth and investment in both Taiwan and Newton Abbot." Craig Gallagher, MB Aerospace Chief Executive Officer.
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