Volvo Aero - Aquisition by GKN; July 5th 2012
On Thursday July 5th 2012, British engineering group - GKN; has signed on an acquisition agreement for Swedish rival Volvo AB's aerospace division 'Volvo Aero' at 6.9 billion Swedish kronor ($995 million).
This acquisition is one of the biggest acquisition by GKN and this would bring together GKN Aerospace's in composition with Volvo Aero's strength in metallic technology. That would pull in customers focused on lightweight, high-performance engines.
-CB
This acquisition is one of the biggest acquisition by GKN and this would bring together GKN Aerospace's in composition with Volvo Aero's strength in metallic technology. That would pull in customers focused on lightweight, high-performance engines.
-CB
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