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 global FBO operator...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.