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Stock impact report

Aircraft Parts Maker Triumph Group Explores Potential Sale [Yahoo! Finance]

AAR Corp. (AIR) 
Last aar corp. earnings: 3/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: aarcorp.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Triumph, an aircraft components maker with a market value of $851 million, is working with a financial adviser to solicit acquisition interest from strategic buyers as well as private equity firms, said the people, who asked not to be identified discussing confidential matters. Deliberations are in the early stage and the company could decide to remain independent, the people said. A representative for Triumph declined to comment. Triumph offers a range of aftermarket solutions for commercial and military aircraft, including engine parts and integrated systems. Original equipment manufacturers are among the company's biggest clients. Earlier this year, the company took steps to become a nimbler aftermarket player by selling its product support arm to rival AAR Corp. for $725 million. Dealmaking activity in the aerospace and defense industry is on the rise. This year, private equity firm Arcline Investment Management scooped up aircraft parts maker K Show less Read more
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