AAR Corp to divest composites manufacturing business to Architect Equity affiliate

AAR Corp has entered into a definitive agreement to divest its aerospace composite manufacturing business to an affiliate of Architect Equity. The business employs about 150 people at facilities in Clearwater, Florida and Sacramento, California.

“This divestiture is consistent with our multi-year strategy to focus our portfolio on our core services offerings.”globenewswire.com

• 1 source
• globenewswire.comAAR Agrees to Divest Non-Core Composites ManufacturingAAR CorpJun 29, 2020

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