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ADQ Aviation and Aerospace Services LLC offered to transfer 100% of Advanced Military Maintenance Repair and Overhaul Centre LLC, 100% of Etihad Airways Engineering LLC, and 50% of Global Aerospace Logistics LLC to Abu Dhabi Aviation in a reverse merger valued at AED 4 billion. Shareholders approved the transaction in May 2023.
“Global Aerospace Logistics, LLC, Etihad Airways Engineering L.L.C, and Advanced Military Maintenance Repair and Overhaul Center LLC offered to acquire Abu Dhabi Aviation for AED 4 billion in a reverse merger transaction on October 17, 2022.”marketscreener.com
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