Aernnova to acquire GE Aviation's Hamble business

Spanish aerostructures firm Aernnova has signed an agreement to purchase GE Aviation's Hamble, UK-based business. The acquisition is expected to increase Aernnova's long-term revenues by about $200 million per year.

“Aernnova said Oct. 3 it had signed an agreement with GE to purchase the business in a move that would increase Aernnova's long-term revenues by about $200 million per year.”aviationweek.com

• 3 sources
• aviationweek.comAernnova To Buy GE Aviation’s Hamble Business | Aviation WeekTony OsborneOct 3, 2019
• aviationweek.comAernnova To Buy GE Aviation’s Hamble Business | Aviation Week NetworkTony OsborneOct 3, 2019
• slaughterandmay.comSlaughter and May advised GE Aviation on an agreement to sell its aerostructures business at Hamble, UK to Aernnova.Slaughter, MayOct 21, 2019

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