Americas

AAR acquires parts distributor ADI for $146m

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AAR acquires parts distributor ADI for $146m

AAR, a Chicago-based aviation services provider, has acquired American Distributors (ADI) in an all-cash deal worth $146 million.The transaction, which was funded by an existing revolving credit facility, will see ADI absorbed into AAR’s existing parts supply business.AAR said the deal will expand...

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