Triumph Group Sells Two Business Units
Stradley Ronon represented Triumph Group in connection with the sale of Triumph Processing to Valence Surface Technologies and Triumph Structures – Los Angeles to Aerospace Systems and Structures. The two divestitures will allow Triumph Group to focus on the company’s transformation strategy to reshape its portfolio to focus on businesses that best fit the strategic direction of the company.
Triumph Group Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph Group can be found on the company’s website at www.triumphgroup.com.