This Slide: #76 of 100 |
Slide #76. Wesco Aircraft Holdings, Inc. — Haas Group Inc.
Acquirer:
Wesco Aircraft Holdings, Inc. (WAIR)
Acquiree:
Haas Group Inc.
Details:
Wesco Aircraft Holdings, Inc. ("Wesco" or the "Company") (NYSE:WAIR), a leading provider of comprehensive supply chain management services to the global aerospace industry, today announced that it has entered into an agreement to acquire Haas Group Inc. ("Haas") for $550 million in cash, subject to certain closing adjustments, from certain investment funds affiliated with The Jordan Company, L.P.
Wesco Aircraft Holdings is a distributor and provider of supply chain management services to the global aerospace industry. Co.'s services range from distribution to the management of supplier relationships, quality assurance, kitting, just-in-time (JIT) delivery, chemical management services, third-party logistics or fourth-party logistics programs and point-of-use inventory management. Co. supplies active stock-keeping units, including C-class hardware, chemicals, electronic components, bearings, tools and machined parts. In addition to the central stocking facilities, Co. uses a network of forward-stocking locations to service its customers in a JIT and or ad hoc manner.
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