# 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.

- Type: Acquisition
- Announced: 2020-06-29
- Where: United States
- Status: announced
- Products: composite aerospace products
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [AAR](https://endata.com/companies/939.md)
- [Architect Equity](https://endata.com/companies/48183.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2020/06/29/2054705/0/en/AAR-Agrees-to-Divest-Non-Core-Composites-Manufacturing-Business.html), 2020-06-29: "This divestiture is consistent with our multi-year strategy to focus our portfolio on our core services offerings."

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