SR Technics enters a new phase in the implementation of its restructuring and longterm growth activities as the new ownership structure for the Group is confirmed. In line with an on-going restructuring programme, SR Technics is implementing a longterm
strategy focused on building a platform to expand its global market position and on providing services to customers across the entire Maintenance, Repair and Overhaul (MRO) value chain. Under the new ownership structure Mubadala Development Company has acquired sole control of the SR Technics Group and increased its shareholding to 70% following a buyout of Istithmar