Supply chain firm signs billion-dollar US merger deal
Derby-based supply chain firm Pattonairis set to boost its presence in the global aerospace market after reaching a $1.9bn agreement to merge with US-based Wesco Aircraft Holdings.
The deal means Pattonair, which provides distribution and supply chain management services to the aerospace and defence sectors and employs 600 people in Derby, will significantly expand its US presence as well as reinforce its operations in Europe, the Middle East, Africa and Asia Pacific.
Wayne Hollinshead, Pattonair CEO, said: “This is great news... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...