GKN completes £630m acquisition of Volvo Aero
2nd October 2012
MIDLANDS-based engineering group GKN has completed its £630m acquisition of Volvo Aero, the aero engine division of AB Volvo.Volvo Aero designs, engineers and manufactures components and sub-assemblies for aircraft engine turbines. It supplies all the major aero engine manufacturers and has positions on most major civil aerospace platforms which are set to increase as aircraft build rates ramp up. The business around 3,000 people based in Sweden, Norway and the United States.GKN said the operation had strong positions o......for the full story register now for free or login below...
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