TurbineAero signs deal to acquire Triumph’s Aviation Services Asia APU Repair Product Line:
May 15, 2018:TurbineAero has inked a definitive agreement to buy the assets of Triumph Aviation Services Asia Auxiliary Power Unit (APU) Repair Product Line (RPL) from the Triumph Group. The RPL purchase is the result of the exercise of an option provided to TurbineAero and its lead investor, The Gores Group, LLC in the agreement to buy Triumph Air Repair, Triumph Engines – Tempe, and the APU Overhaul Operations of Triumph Aviation Services Asia, LTD. (TASA). TurbineAero was founded in 2017 upon the closing of the original acquisition. The RPL acquisition expands the services available from TurbineAero in Asia.
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