TurbineAero has signed a definitive agreement to buy the assets of Triumph Aviation Services Asia Auxiliary Power Unit (APU) Repair Product Line (RPL) from the Triumph Group.
The RPL purchase is the result of the exercise of an option provided to TurbineAero and its lead investor, The Gores Group, in the agreement to buy Triumph Air Repair, Triumph Engines – Tempe, and the APU Overhaul Operations of Triumph Aviation Services Asia (TASA).
TurbineAero was founded February 9, 2017 upon the closing of the original acquisition. The RPL acquisition expands the services available from TurbineAero in Asia.
RPL is based in Chonburi, Thailand, providing repair services for APU component parts. The transaction is subject to customary closing conditions.
