AAR CORP. announced the acquisition of Aircraft Reconfig Technologies from ZIM Aircraft Cabin Solutions for $35 million in cash.
The acquisition will enhance AAR's engineering and certification capabilities, positioning it as a leading independent MRO provider in North America.
Aircraft Reconfig Technologies specializes in passenger aircraft reconfiguration and will bring valuable IP and design certifications to AAR.
Strategic Acquisition
AAR's purchase of Aircraft Reconfig Technologies will bolster its engineering and certification services, supporting its growth strategy.
Tech and Design Advantage
The acquisition will integrate Aircraft Reconfig Technologies' IP portfolio and ODA designation into AAR's Repair & Engineering segment, enhancing design capabilities.
Market Expansion
AAR's acquisition of Aircraft Reconfig Technologies will enable the company to tap into new opportunities and expand its market presence in the MRO sector.
- The acquisition is expected to close in the fourth quarter of AAR's Fiscal Year 2026, subject to regulatory approvals.
- Upon closing, the deal is anticipated to increase AAR's margins and earnings, further strengthening its position in the aerospace industry.
AAR's acquisition of Aircraft Reconfig Technologies marks a significant step in expanding its engineering capabilities and enhancing its market position. The integration of Aircraft Reconfig Technologies' expertise will enable AAR to offer more proprietary engineering solutions and drive growth.