Triumph Group to purchase Vought Aircraft
Aircraft-component maker and repair agent Triumph Group will purchase Dallas-based Vought Aircraft Industries from private equity giant Carlyle Group in a deal valued at $984 million, Triumph announced Tuesday.
Triumph Group today announced the acquisition of Primus Composites from Precision Castparts Corp. The acquired business, which consists of two manufacturing facilities in Farnborough, England and Rayong, Thailand, will operate as Triumph Structures-Farnborough and Triumph Structures-Thailand and be included in the Aerostructures Group.