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Blackstone
BX and MB Aerospace ("MBAe") announced today that
private equity funds managed by Blackstone have agreed to acquire MBAe,
a leading Tier I engine component manufacturer and repair business, from
Arlington Capital Partners.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20151026005443/en/
MBAe has facilities across the U.S., U.K., and Poland. The company has a
well-balanced manufacturing model providing complex machined and
fabricated assemblies into production and aftermarket applications
across an installed base of 65 engine platforms. MBAe has secured strong
positions on next generation engines that will soon come into
production. The Company also operates a repair business to help reduce
inventories for its customers as their focus increases on the full life
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