Carlyle to Buy 8 Aerospace Manufacturing Plants from GE Aviation

Dynamic Precision Group, which is backed by The Carlyle Group, has agreed to buy eight aerospace component fabrication and machining facilities from Unison Engine Components, a subsidiary of GE Aviation. The deal is expected to close by the end of the year. Financial terms weren't disclosed. The eight plants, located on three sites in the U.S., Canada and the UK, design, make and integrate components and systems for aircraft engines and airframes. RBC Capital Markets and Deutsche Bank are providing financing.

5 September 2013•3 mins read
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