AAR has entered into a definitive agreement to acquire Aircraft Reconfig Technologies, an aircraft interiors engineering company, from ZIM Aircraft Cabin Solutions for US$35 million in an all-cash transaction, subject to customary adjustments.
Upon completion, the acquisition will immediately enhance AAR’s engineering and certification capabilities within its Repair & Engineering segment, further differentiating AAR as the leading independent MRO provider in North America.
Aircraft Reconfig Technologies specialises in passenger aircraft reconfiguration for major global airlines. Its end-to-end offering includes project management, engineering and certification for aircraft interior modifications. Founded in 1990, the company employs approximately 100 people and is headquartered in Greensboro, North Carolina…