Pemco World Air Services to be purchased by Sun Capital

Pemco Aviation Group entered into a definitive agreement to sell its commercial MRO and modification subsidiary, Pemco World Air Services, to private investment firm Sun Capital Partners for $43 million. PAG Chairman Michael Tennenbaum said the transaction "permits [PAG] to pay off all of its bank...

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.