Triumph Group, a leading manufacturer of aircraft components, announced the signing of an agreement to acquire an aerospace company Vought Aircraft Industriesowned by Carlyle Group.
The amount of the transaction will be $7.5 million in shares and $525 million in cash, as well as the repayment of debts. Vought Aircraft. The proposed name for the acquired business is Triumph Aerostructures-Vought Aircraft Division.
Income Vought Aircraft in 2009 amounted to 1.9 billion US dollars, the company has achieved significant success in the production of components for the needs of commercial and military aviation, the company is famous for its fuselages, wings and plumage for aircraft, cabins for aircraft and helicopters, in particular, for the Boeing 747 -8, Boeing 767, Boeing 777, Airbus A330/340, Boeing C-17, Boeing V-22. Technical base and authority in the market of aerospace components will form the basis for the expected economic recovery Triumph Group.