AAR CORP. (NYSE: AIR) announces acquisition of Aircraft Reconfig Technologies from ZIM Aircraft Cabin Solutions for $35 million in an all-cash deal.
Acquisition to bolster AAR's engineering and certification capabilities, positioning it as a dominant MRO provider in North America.
Aircraft Reconfig Technologies specializes in passenger aircraft reconfiguration, enhancing AAR's design capabilities for complex modifications.
Strategic Acquisition
Expands AAR's engineering and certification capabilities in the Repair & Engineering segment.
Industry Differentiation
Strengthens AAR's position as a leading independent MRO provider in North America.
In-house Certification
AAR can bring certification for engineering solutions in-house, enhancing customer offerings.
- The acquisition of Aircraft Reconfig Technologies aligns with AAR's growth strategy through M&As, setting the stage for elevated engineering services.
- AAR anticipates the transaction to close in the fourth quarter of FY 2026, enhancing margins and earnings while reducing reliance on third-party certifications.
The acquisition of Aircraft Reconfig Technologies marks a significant milestone for AAR, positioning it to offer proprietary solutions and strengthen its market position in the aviation industry.