Wesco Aircraft Holdings to acquire Haas Group for $550m

Wesco Aircraft, a leading provider of comprehensive supply chain management services to the global aerospace industry, has entered into an agreement to acquire Haas Group for $550m in cash, subject to certain closing adjustments, from certain investment funds affiliated with The Jordan Company. With $573.5m in 2012 revenues, Haas is a leading global provider of chemical supply chain management solutions to the commercial aerospace, airline, military, energy, and other markets. Haas is headquartered in West Chester, PA, with over 1,300 employees and 35 distribution hubs and forward stocking locations around the world.