M&A Deal Summary

TIMCO Aero Acquires Whitehall

On July 31, 1998, TIMCO Aero acquired aerospace company Whitehall

Acquisition Highlights
  • This is TIMCO Aero’s 1st transaction in the Aerospace sector.
  • This is TIMCO Aero’s 1st transaction in the United States.
  • This is TIMCO Aero’s 1st transaction in Texas.

M&A Deal Summary

Date 1998-07-31
Target Whitehall
Sector Aerospace
Buyer(s) TIMCO Aero
Deal Type Add-on Acquisition

Target

Whitehall

Dallas, Texas, United States
Whitehall Corp. provides modification services for commercial, military, and freighter aircrafts.

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Buyer(S) 1

Buyer

TIMCO Aero

Greensboro, North Carolina, United States

Category Company
Founded 1990
Sector Aerospace
Employees2,750
DESCRIPTION

TIMCO Aero is a provider of aviation maintenance, repair and overhaul (MR&O) services for major commercial airlines, regional air carriers, aircraft leasing companies, government and military units and air cargo carriers. TIMCO Aero was founded in 1990 and is based in Greensboro, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1998 M&A 1 of 1