Australia’s Macquarie Bank has agreed to buy US company Goodrich’s airframe heavy maintenance business.
Goodrich says in a statement that it has entered into a definitive agreement to sell the business, Goodrich Aviation Technical Services, to Macquarie.
Financial terms of the deal are not being disclosed. Goodrich says it expects the sale to close in the fourth quarter of this year.
Goodrich says Aviation Technical Services has more than 1,200 employees at a 950,000ft facility in Everett, Washington.
Services include airframe heavy maintenance, aircraft modifications and painting, passenger-to-freighter conversions, engineering and certification, and component repair and overhaul.
Source: FlightGlobal.com
