AE Industrial Partners Completes Sale of Kellstrom Aerospace to VSE Corporation [Yahoo! Finance]
VSE Corporation (VSEC)
US:NASDAQ Investor Relations:
ir.vsecorp.com
Company Research
Source: Yahoo! Finance
Security, Aerospace, and Industrial Services, today announced that it has completed the sale of Kellstrom Aerospace Group, Inc. ("Kellstrom"), a diversified global distributor and service provider supporting the commercial aerospace engine aftermarket, for $200 million to VSE Corporation ("VSE") (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services. Kellstrom is a leading full-service aftermarket solutions provider of value-added distribution and technical services for the commercial aerospace engine aftermarket. Differentiated by a highly technical, high-touch global sales and product line management organization, Kellstrom supports over 30 OEMs and approximately 800 customers, including airlines, air cargo operators, lessors, OEMs, and MROs across 75 countries. Under AE Industrial's ownership, Kellstrom expanded both organically and through three capability-enhancing strategic acquisitions, including The Aircraft Group, Transaero Commercial Distributio
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VSEC
News
- VSE Corporation Declares Quarterly Cash DividendBusiness Wire
- VSE Co. (NASDAQ: VSEC) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- VSE Co. (NASDAQ: VSEC) had its price target raised by analysts at Royal Bank of Canada from $125.00 to $135.00. They now have an "outperform" rating on the stock.MarketBeat
- VSE Enhances Aviation Position With Kellstrom Aerospace Acquisition [Yahoo! Finance]Yahoo! Finance
- AE Industrial Partners Completes Sale of Kellstrom Aerospace to VSE CorporationBusiness Wire
VSEC
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- 11/6/24 - Beat
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- 12/18/24 - Form 4
- 12/12/24 - Form 4
- VSEC's page on the SEC website