Cerberus Capital Management has agreed to acquire a substantial portion of Goodwin plc's Mechanical Engineering Division, including Goodwin Steel Castings, Goodwin International, Noreva, Easat and the Pump Division, for up to about £1.1 billion in cash. Closing is expected in Q1 2027.

The Court-sanctioned scheme of arrangement for Parker's acquisition of aerospace components maker Meggitt became effective on 12 September 2022. The deal value is not stated in the article.

Parker-Hannifin agreed to buy all of Meggitt PLC, the Coventry-based aerospace and defense motion and control company, for about GBP 6.3 billion in cash. The deal remains subject to regulatory clearances and Meggitt shareholder approval.

Shannon-based Atlantic Aviation Group acquired a former Flybe maintenance operation from UK administrators for an undisclosed sum. The UK business employs 112 people and provides maintenance, repair and overhaul services.