Gardner Aerospace completes acquisition of Northern Aerospace

Gardner Aerospace Holdings, the British unit of Shaanxi Ligeance Mineral Resources, completed its purchase of Northern Aerospace for around $58 million after receiving CMA clearance.

“Gardner Aerospace Holdings Ltd., the British unit of Chinese aerospace and mining firm Shaanxi Ligeance Mineral Resources Co. Ltd., confirmed it had completed the deal in a Tuesday posting on its website.”caixinglobal.com

• 2 sources
• caixinglobal.comCrash Reports Premature, as Chinese Purchase of British Airplane-Parts Maker Takes Off - Caixin GlobalKe DaweiJul 26, 2018
• mtdcnc.comAirbus strategic supplier Gardner Aerospace announces acquisition of Northern Aerospace - MTDCNC - The home of CNC milling. turning, 5 axis and precision machiningJul 29, 2018

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