BBA To Sell Ontic To Investors, Focus On Signature

Less than a year after bolting on smaller rival Firstmark, parent company BBA Aviation announced July 30 that it will sell component OEM and MRO provider Ontic to private equity investor CVC Capital Partners for $1.365 billion. BBA said the move will help it focus on its leading global FBO operator...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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