AAR to acquire 65% stake in MRO Holdings for $4.0 billion

AAR Corp., a major player in the aviation industry, has announced a significant move to acquire a 65% stake in MRO Holdings, a global provider of aircraft maintenance, repair, and overhaul services. The transaction, valued at $4.0 billion, underscores AAR's commitment to expanding its service capabilities and reinforcing its position in the market.

The deal values MRO Holdings at a premium of 10.7 times its forecasted full calendar year 2026 adjusted EBITDA, factoring in anticipated cost synergies and tax benefits. With its extensive facilities and workforce, MRO Holdings is poised to benefit from AAR's extensive resources and operational expertise. The acquisition is expected to be finalized in the third quarter of fiscal 2027, subject to regulatory approvals and closing conditions.