Satair Asia on acquisition roll
Denmark’s Satair announced yesterday that it has agreed to acquire a 49-percent stake in the Chinese hydraulics repair specialist Ruibo.

Denmark’s Satair announced yesterday that it has agreed to acquire a 49-percent stake in the Chinese hydraulics repair specialist Ruibo.

Under the terms of the deal, Ruibo will serve the Chinese fleet but it expects in a few years to become a major player in a developing central market for aircraft maintenance in China. The acquisition strengthens Satair’s position within the components repair business in the region, already firmly established with a repair facility in Singapore.

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