BBA Aviation, the 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 certain 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. In terms of financials, BBA Aviation says the $97m price consideration ...

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