# Avio-Diepen sells its shares in ADPma joint venture

Avio-Diepen, a Proponent company, sold all its shares in the Tennessee-based joint venture ADPma LLC to the existing ADPma shareholders.

- Type: Acquisition
- Announced: 2018-12-03
- Where: Tennessee, United States
- Status: completed
- Products: FAA-PMA aftermarket aerospace parts, aerospace parts distribution
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Proponent](https://endata.com/companies/27354.md)
- [ADPma LLC](https://endata.com/companies/35879.md) (target)

## Sources

- [proponent.com](https://www.proponent.com/news/divesting-adpma-llc/), 2018-12-04: "The shares owned by Avio-Diepen were sold to the existing shareholders of ADPma LLC."

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