Magnetic MRO raises $9.1 million to acquire competitor

Baltic maintenance, repair and overhaul (MRO) firm Magnetic MRO has raised €8 million ($9.1 million) from a bonds issue, which it plans to use to acquire one of its competitors. “Capital raised with the bond issue will be used for acquiring a competitor operating in the same industry and further...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.