Thursday, January 24, 2013
Greenwich Acquires Aero Precision Industries
U.S. regulators have approved the sale of Livermore, Calif.-based Aero Precision Industries to Greenwich AeroGroup. Greenwich announced the acquisition in early January. Aero Precision Industries is an aftermarket parts, systems and logistics provider. Greenwich is the parent company of several aftermarket suppliers, including Atlantic Aero, DAC International, Matrix Aviation, Professional Aircraft Associates, Professional Aviation Associates and Summit Aviation, among others. Janes Capital Partners, Foley & Lardner and Pillsbury Winthrop Shaw Pittman assisted with the legal aspects of the Aero Precision transaction.
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