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Bombardier agrees to buy Global 7500 wing program from Triumph Group · Endata

◂ Announcements

Jan 24, 2019ACQUISITIONRed Oak, Texas, United States

Bombardier agrees to buy Global 7500 wing program from Triumph Group

Bombardier signed a definitive agreement to acquire Triumph Group Inc.'s Global 7500 wing program for nominal cash consideration, including a lease of Triumph's Red Oak, Texas facility, to secure production ramp-up of its flagship business jet.

Status

Announced

Productsaircraft wingsaerostructures

CompaniesTriumph Group target Bombardier acquirer

Sectors#Aerospace Components

“This acquisition is a perfect strategic fit for Bombardier Aerostructures.”avitrader.com

3 sources
avitrader.comBombardier agrees to buy Global 7500 aircraft wing program from Triumph Group Inc.Jan 24, 2019
plant.caBombardier acquires Global 7500 business jet wing program from Triumph Group - PlantThe Canadian PressJan 24, 2019
ainonline.comBombardier Completes Global 7500 Wing Program Purchase | Aviation International NewsKerry LynchFeb 7, 2019

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

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Triumph Group to be acquired by Warburg Pincus and Berkshire Partners for $3B
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Oct 15, 2024EXPANSIONWest Hartford, Connecticut, United States$12.0M100 jobsops 15 Oct 2024
Triumph Group dedicates $12M Thermal Solutions Development Center in West Hartford
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ASTK acquires Embraer E-jet II fuselage production rights from Triumph for $115M
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