# MB Aerospace agrees to buy Asian Compressor Technology Services for $60 million

MB Aerospace Newton Abbot agreed on October 27, 2017 to acquire Asian Compressor Technology Services from Pratt & Whitney, SIA Engineering and China Airlines for $60 million. Closing is expected around January 2018, and the business will trade as MB Aerospace ACTS (Taiwan).

- Type: Acquisition
- Announced: 2017-10-27
- Where: TWN
- Value: $60.0M
- Status: announced
- Products: compressor repair and services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Pratt & Whitney](https://endata.com/companies/234.md) (partner)
- [SIA Engineering Company](https://endata.com/companies/1648.md) (partner)
- [MB Aerospace Newton Abbot](https://endata.com/companies/2279.md) (acquirer)
- [Asian Compressor Technology Services](https://endata.com/companies/2280.md) (target)
- [China Airlines](https://endata.com/companies/2281.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SIA-ENGINEERING-COMPANY-L-6491566/news/MB-Aerospace-Newton-Abbot-Limited-entered-into-an-agreement-to-acquire-Asian-Compressor-Technology-S-34926927/), 2017-10-26: "entered into an agreement to acquire Asian Compressor Technology Services Company Limited ... for $60 million"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.