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By Jon Hemmerdinger2021-05-10T15:10:00+01:00
Triumph Group has completed the divestment of three aerostructures manufacturing sites to private equity company Arlington Capital Partners, which has renamed the businesses Qarbon Aerospace.
The deal closed on 10 May, around nine months after it was disclosed by Pennsylvania firm Triumph and Maryland-based Arlington Capital. The companies have not revealed the transaction price and did not respond to requests for more information.
Triumph produces components for Gulfstream’s G650
Under the deal, Arlington Capital has acquired Triumph’s composite manufacturing facilities in Milledgeville, Georgia and Rayong, Thailand.
Those operations produce “structural and engine composite fabrications and assemblies” for commercial, business and military aircraft, Triumph says.
Cadence Aerospace Announces New Leadership Appointments
May 03, 2021 12:00 ET | Source: Cadence Aerospace Cadence Aerospace
Brian Bentley Chief Executive Officer of the Cadence Aerostructures Segment;
Julian Guerra to Serve on Cadence Board of Directors
ANAHEIM, Calif., May 03, 2021 (GLOBE NEWSWIRE)
Cadence Aerospace, one of the largest global independent providers of precision-machined, large monolithic structures and assemblies, and complex engine components and systems to leading commercial and defense customers, today appointed two new executive leaders. Effective immediately,
Olivier Jarrault leads the Company as Chief Executive Officer, and
Chief
Kevin Martin continues in his role as
Chief Executive Officer of the
Cadence Engines Segment. Mr. Bentley and Mr. Martin report to Mr. Jarrault. With
February 18, 2021 in Lifestyle, Music
Indie band The Greeting Committee appeared in “To All the Boys: Always and Forever” where they covered one of the singles from the movie’s soundtrack. Photo courtesy of Universal Music Group.
To celebrate the release of “To All the Boys: Always and Forever,” Capitol Music Group and °1824 hosted a press conference Feb. 16 with artists from the soundtrack of the third and final installment of the “To All the Boys I Loved” franchise.
With messages from fans flooding the Zoom chat, the press conference bustled with energy as over 400 participants joined to converse with artists Ashe, Leah Nobel, Jordan Suaste, Peter Manos and The Greeting Committee.