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Monday, February 3, 2014

Wesco to Acquire Haas Group

Aerospace supply chain management company Wesco Aircraft Holdings has a new agreement to acquire Haas Group for $550 million. 
Haas Group, a West Chester, Pa.-based commercial aerospace company, has over 1,300 employees and 35 distribution hubs and forward stocking locations worldwide. 

We believe that the acquisition of Haas will provide significant opportunities for Wesco to continue growing at above-market rates. The culture, capabilities and scope of Haas’ global business are an ideal fit for the company. The acquisition of Haas will add over 125,000 SKUs, value added supply chain management solutions," said Randy Snyder, chairman and CEO of Wesco. 

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