What Happened
Aerospace Company Expands MRO Capabilities with Strategic Acquisition
AAR CORP has agreed to acquire 65% of MRO Holdings for an estimated cash purchase price of $1.82 billion. The acquisition is expected to close in AAR’s fiscal third quarter ending February 2027, subject to regulatory approvals and customary closing conditions. AAR CORP may also acquire an additional 5% of MRO Holdings before or after closing. MRO Holdings is expected to generate $1.0 billion in calendar 2026 sales and $285 million in adjusted EBITDA. The acquisition was announced in an 8-K filing with the Securities and Exchange Commission, as reported by Unknown Source.