Triumph Executes on Transformation Strategy
Stradley Ronon’s M&A team assisted Triumph Group with the sale of Triumph Aerospace Structures’ Long and Large (L&L) machining and metal finishing business, and separately, of Triumph Structures – Long Island, LLC. The two divestitures will allow Triumph Group to focus on the company’s transformation strategy to reshape its portfolio to focus on businesses that best fit the strategic direction of the company.
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph Group can be found on the company’s website at www.triumphgroup.com.
05/17/2018