BBA Aviation, parent company of component OEM and MRO provider Ontic, has confirmed the acquisition of Firstmark, an aftermarket services provider of components and subsystems, for $97 million. The acquisition, subject to government and regulatory approvals, is expected to be finalized in late 2018 and will see the business become part of Ontic and be led by president and managing director Gareth Hall. BBA says the $97 million price consideration represents an expected year one ...

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