AAR to Acquire Majority Stake in MRO Holdings for $1.8 Billion

Key Facts

AAR Corp is planning to purchase a majority stake in MRO Holdings in a deal valued at approximately $1.8 billion. The Wall Street Journal reported that the agreement involves AAR acquiring a controlling interest in the company, which is a leading provider of aircraft maintenance, repair, and overhaul services.

The acquisition aims to expand AAR's capacity and footprint within the aviation maintenance and services sector. This move follows a trend of strategic M&A activity in the aerospace industry as major players seek to increase their operational scale.