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Announced

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Marubeni completed the acquisition of a 50% stake in DASI from Fortress Investment Group.

Synopsis

Marubeni, a trading and investment conglomerate, completed the acquisition of a 50% stake in DASI, a commercial aviation inventory solutions provider, from Fortress Investment Group, an investment management firm. Financial terms were not disclosed. "We are excited to welcome DASI to the Marubeni family. This acquisition is in line with our strategy of expanding our capabilities in the aviation aftermarket space and will enable us to better serve our customers by providing them with a one-stop-shop for all their inventory needs," Toru Okazaki, Marubeni Executive Officer.

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