Delaware | 1-12235 | 51-0347963 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
899 Cassatt Road, Suite 210 | 19312 | |||
Berwyn, Pennsylvania | (Zip Code) | |||
(Address of principal executive offices) |
Item 8.01 | Other Events. | |
On February 9, 2017, Triumph Group, Inc. announced that Gores Small Capitalization Partners has completed the acquisition of Triumph’s U.S. APU MRO business: Triumph Air Repair and Triumph Engines. The closing of the Auxiliary Power Unit (APU) Overhaul Operations of Triumph Aviation Services - Asia is expected to occur in March. The aggregate purchase price is $60.4 million in cash, subject to adjustment. The business provides aerospace component maintenance, repair, and overhaul services focused on APUs and related products, providing military, commercial, and regional airline customers with a maintenance solution for APU engine models, with facilities in Chandler, Arizona, and Chonburi, Thailand. In addition, it provides manufacturing and repair services for original equipment manufacturers, aircraft operators, and repair and overhaul providers, offering complex machining, engineering, inspection, non-destructive testing, and thermal coatings in Tempe, Arizona. |
Date: | February 9, 2017 | TRIUMPH GROUP, INC. | ||
By: | /s/ John B. Wright, II | |||
John B. Wright, II | ||||
Senior Vice President, General Counsel and Secretary |