Feb 27, 2008
AAR acquires aviation Miami maintenance company
AAR Corp. said Tuesday that it has agreed to acquire Miami -based Avborne Heavy Maintenance Inc. and a related entity from closely held AHM Holding Corp.
The Wood Dale-based provider of aviation-related maintenance and services didn't disclose terms of the accord.
AAR said Avborne provides maintenance checks, aircraft modifications, new-equipment installations and painting services to commercial airlines and cargo carriers at a hangar at Miami International Airport .
The transaction is expected to close during the company's fiscal fourth quarter, which ends in May, AAR said. Read more
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