VSE Aviation acquires 1st Choice Aerospace for $112M

VSE Aviation, a subsidiary of VSE Corporation, acquired 1st Choice Aerospace, a provider of component MRO services and products for commercial aircraft, for an initial cash purchase price of $112 million, with potential additional payments of up to $40 million.

“We are pleased to add 1st Choice's service offerings to our supply chain and MRO portfolio.”getfilings.com

• 3 sources
• getfilings.comVSE CORP - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - PR - JAN 10, 2019 VAI ACQUIRES 1ST CHOICE AVIATION - January 14, 2019Jan 10, 2019
• airport-technology.comVSE Aviation acquires 1st Choice AerospaceMrinmoyeeJan 10, 2019
• getfilings.comVSE CORP - FORM 8-K - January 14, 2019Jan 14, 2019

Summarized from public sources; check the original articles before acting on it.