Sumitomo Corporation Acquires Spare Parts Specialist

Other Sumitomo Corp. aviation assets include SMBC Aviation Capital and SMBC Aero Engine Lease.
Credit: Sumitomo Corp.
Asset management specialist and aftermarket spare parts supplier Werner Aero is under new majority ownership after Sumitomo Corporation acquired a 51% stake in the U.S.-based business. The agreement was finalized at the end of last week for Mahwah, New Jersey-headquartered Werner, which specializes...

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