Loading…

Exchange Income Corporation acquired MnM Aircraft Component Holdings, Inc. (MACH 2) for US$43 million, funded through US$9 million in EIC common shares and US$34 million in cash. MACH 2 will operate as a subsidiary of Regional One, expanding into the commercial aviation aftermarket.
“The acquisition of MACH 2 materially accelerates Regional One's presence in the commercial (narrow and wide body jet aircraft) aviation aftermarket.”businesswire.com
Summarized from public sources; check the original articles before acting on it.