TAT Expands MRO Presence With $16 Million Piedmont Deal
TAT Technologies last week bought North Carolina-based repair station Piedmont Aviation Component Services for $16 million. Israeli-based TAT paid $5.3 million for Piedmont and also repaid $11 million of outstanding debt, through its U.S. subsidiary Limco Airepair. Piedmont does overhaul, repair...
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