Dec 02, 2013
WOOD DALE, IL — AAR CORP. (NYSE: AIR) announced today that its 100% owned subsidiary, Telair International GmbH, has signed a definitive agreement to purchase the cargo loading system assets of Speyer, Germany based PFW Aerospace GmbH. The acquisition will enhance Telair’s market position as one of the leading suppliers globally of cargo loading and baggage handling systems. Upon completion of a transition period after closing, Telair will transfer the assets to, and perform op