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Precision Aviation Group, Inc. enters into a definitive agreement to acquire PTB Group - Vimarsana News

Precision Aviation Group, Inc. enters into a definitive agreement to acquire PTB Group

ATLANTA, Aug. 23, 2022 /PRNewswire/ -- Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to the aerospace and defense industries, announces that they have entered into a definitive agreement to acquire PTB Group (PTB). PTB provides maintenance, repair, and overhaul services (MRO) on Pratt & Whitney PT6 and Honeywell TPE331 engines, leases engines and airframes, and provides aviation supply chain services. PTB is made up of the following entities: Pacific Turbine USA Group (a/k/a Prime Turbines) with locations in Texas, Arizona, Flor...