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Triumph produces components for the Gulfstream 650. Photo Credit: Gulfstrea
Private equity firm Arlington Capital Partners, (Washington, D.C., U.S.) announced on May 10 that it has completed the acquisition of Triumph Group Inc.’s (Berwyn, Pa., U.S.) composites business, which was originally announced about nine months ago in 2020. Going forward, the business will operate independently as Qarbon Aerospace.
Qarbon Aerospace is a leading provider of large, complex structural components and assemblies such as fuselages, wings, flight control surfaces, and engine nacelles. The company operates nearly two million square feet of factory space across three facilities located in Red Oak, Tex., Milledgeville, Ga. and Rayong, Thailand. Qarbon Aerospace has vertically integrated manufacturing capabilities from component fabrication through large-scale assembly as well as proprietary thermoplastics technologies. The company also has longstanding relationships with blue-chip OEM customer
May 10, 2021
WASHINGTON â May 10, 2021 â Arlington Capital Partners, a Washington-area private equity firm, today announced it has completed the acquisition of Triumph Group Inc.âs composites business. Going forward, the business will operate independently as Qarbon Aerospace.
Qarbon Aerospace is a provider of large, complex structural components and assemblies such as fuselages, wings, flight control surfaces, and engine nacelles. The company operates nearly two million square feet of factory space across three facilities located in Red Oak, Texas, Milledgeville, Ga., and Rayong, Thailand. Qarbon Aerospace has vertically integrated manufacturing capabilities from component fabrication through large-scale assembly as well as proprietary thermoplastics technologies. The company has longstanding relationships with blue-chip OEM customers and a diversified product portfolio across a variety of successful commercial, defense, and business jet platforms.
By Jon Hemmerdinger2021-05-10T15:10:00+01:00
Triumph Group has completed the divestment of three aerostructures manufacturing sites to private equity company Arlington Capital Partners, which has renamed the businesses Qarbon Aerospace.
The deal closed on 10 May, around nine months after it was disclosed by Pennsylvania firm Triumph and Maryland-based Arlington Capital. The companies have not revealed the transaction price and did not respond to requests for more information.
Triumph produces components for Gulfstream’s G650
Under the deal, Arlington Capital has acquired Triumph’s composite manufacturing facilities in Milledgeville, Georgia and Rayong, Thailand.
Those operations produce “structural and engine composite fabrications and assemblies” for commercial, business and military aircraft, Triumph says.
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