Boeing finalized the acquisition of aircraft parts and services supplier KLX Inc. for US$4.25 billion. KLX will be integrated into Boeing Global Services and Aviall.
KLX Inc. shareholders approved the company's acquisition by Boeing for $3.2 billion. The deal still requires regulatory approval and the divestiture of KLX's energy services business.
Boeing Co is nearing a deal to buy aerospace parts company KLX Inc to expand into the aircraft-services business. The deal is expected to be announced on Monday, April 30, 2018.
KLX Inc., a provider of aerospace fasteners and logistics services, has acquired THG Corporation (The Hope Group) and all its subsidiaries. The acquisition was announced on January 19, 2018, and no changes to customers or suppliers are expected.