The shareholders of Aero Precision Industries have sold the company to Greenwich AeroGroup for an undisclosed consideration.
Aero Precision is a recognized leader in the supply of aftermarket original equipment manufacturer (OEM) parts, systems and custom logistic support services for military aircraft operators worldwide. The primary platforms supported by Aero Precision include widely deployed fighter (F-16, F-15 and F-18), transport (C-130) and rotary wing (UH-60/S-70, UH-1, AH-64 and CH-47) aircraft. Aero Precision has a substantial global footprint, generating sales to more than 60 countries throughout North America, South America, Europe, the Middle East, Africa, Asia and the Pacific Rim.
Greenwich AeroGroup is a nationwide network of companies offering general, commercial and military aircraft services. It offers the ultimate combination of integrated capabilities and unparalleled customer service. Greenwich AeroGroup's long-standing, reputable companies continue to adapt to the industry’s ever-changing demands.
Oaklins' aerospace & defense specialist team in California served as the exclusive financial advisor to Aero Precision in this transaction.
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