Ligeance Investments acquires Gardner Aerospace for £326M

Chinese aerospace and mining group Ligeance Investments, a subsidiary of Shaanxi Ligeance Mineral Resources, acquired UK-based Gardner Aerospace Holdings Ltd for £326 million ($420.5 million). Gardner Aerospace is a supplier to Rolls-Royce and Airbus.

“In June, Chinese aerospace and mining group Ligeance Investments, a subsidiary of Shaanxi Ligeance Mineral Resources, acquired the United Kingdom-based Gardner Aerospace Holdings Ltd.”chinadaily.com.cn

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