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AGIC Capital has sold Farsound Aviation, a supply chain solutions provider for aerospace engine MRO, to Onex Partners Opportunities Fund for an undisclosed amount.
Onex Corporation announced on August 29, 2024, that its Onex Partners Opportunities Fund has agreed to acquire Farsound, a global supply chain solutions provider for the aerospace engine MRO market. Financial terms were not disclosed.
Farsound Aviation Limited acquired Sterling Aircraft Products Inc from the Pump family for an undisclosed amount. Sterling, based in Toronto, distributes high-strength fasteners for gas turbine engines.