AAR buys ADI in US$146 million all-cash deal
AAR Corp. has acquired American Distributors Holding Co., LLC (ADI) for US$146 million in an all-cash transaction funded through its revolving credit facility. The acquisition immediately strengthens AAR’s Parts Supply segment by expanding its distribution activities with additional product lines and a wider network of original equipment manufacturer (OEM) relationships. Founded in 1983, ADI has […]
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