AcquisitionsApr 24, 2026, 03:28 PM
AAR CORP Completes $35M Acquisition of Aircraft Reconfig Technologies
AI Summary
AAR CORP announced the completion of its previously disclosed acquisition of Aircraft Reconfig Technologies LLC from ZIM Aircraft Cabin Solutions LLC. The transaction, valued at $35 million in cash, was executed by AAR's wholly-owned subsidiary, AAR Aircraft Services, Inc. This strategic acquisition enhances AAR's capabilities in aircraft interiors engineering, signaling a move to strengthen its market position in this specialized segment.
Key Highlights
- AAR CORP completed the acquisition of Aircraft Reconfig Technologies LLC.
- The purchase price was $35 million in cash.
- The acquisition was made by AAR Aircraft Services, Inc., a wholly-owned subsidiary.
- Aircraft Reconfig Technologies is a leading aircraft interiors engineering company.