Aerospace Componentsworld trade 2024+1.2% 5Y CAGR
Dec 11, 2017ACQUISITIONBilbao, Spain, Spain Rolls-Royce secures approval to acquire remaining 53.1% of ITP
Rolls-Royce has secured the necessary authorizations to acquire the remaining 53.1% of Industria de Turbo Propulsores (ITP) from Sener Grupo de Ingeniería.
Value
$847.5M (720.0M EUR)
Productsaircraft engine components
“Rolls-Royce has secured the authorizations it needs to acquire the remaining 53.1% of Industria de Turbo Propulsores (ITP) from Spanish engineering and construction firm Sener Grupo de Ingeniería.”aviationweek.com
- 3 sources
- aviationweek.comRolls-Royce wins approval for ITP acquisition | Aviation WeekVictoria MooresDec 11, 2017
- americanmachinist.comRolls to Complete ITP Acquisition for $847.5M | American MachinistFood Service Search Staff 1162Dec 11, 2017
- itpaero.comITP’s Strategic Plan confirmed following the acquisition by Rolls-Royce – Global leader in aerospace propulsiónDec 19, 2017
Summarized from public sources; check the original articles before acting on it.
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