ST Engineering buys interior specialist Volant Aerospace

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ST Engineering subsidiary, VT Aerospace, has signed an agreement to acquire US-based cabin reconfiguration specialist Volant Aerospace for S$16 million ($13.1 million).

ST Engineering says Volant, formerly known as International Aero Interiors, will add to its global MRO network and strengthen its cabin refurbishment business.

Volant will operate as a wholly-owned subsidiary of VT Aerospace and the deal is expected to close by the end of December.