Transportation M&A » By The Online Investor Staff, updated Sat., Jan. 16, 10:14 PM
Recent mergers and acquisitions in the Transportation M&A category.
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Slide #54. Exchange Income Corporation — Regional One, Inc.
Acquirer:
Exchange Income Corporation (TSE:EIF.CA)
Acquiree:
Regional One, Inc.
Details:
Exchange Income Corporation (TSX: EIF) (the "Corporation") is pleased to announce the successful completion of its acquisition of Regional One, Inc., a privately-owned US company that is a leading provider of aircraft and engine aftermarket parts to regional airline operators around the world. The acquisition was first announced on February 28, 2013.
Exchange Income is focused on opportunities in aerospace, aviation services and equipment, and manufacturing sectors. Co. has two operating segments: Aerospace and Aviation and Manufacturing. The Aerospace and Aviation segment provides airline services to communities in Manitoba, Ontario, Nunavut, and eastern Canada and also sells aircraft, engines and aftermarket parts to regional airline operators around the world. In addition, Co.'s subsidiary, Provincial Aerospace Ltd.'s aerospace business designs, modifies, maintains and operates custom sensor-equipped aircraft. The Manufacturing segment consists of niche manufacturers in markets throughout Canada and the United States.
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