Close Menu
WashingtonExec
    Podcast Episodes
    LinkedIn Facebook X (Twitter) Instagram YouTube
    LinkedIn Facebook X (Twitter) Instagram YouTube
    WashingtonExec
    Subscribe To The Daily
    • News & Headlines
    • Executive Councils
    • Videos
    • Podcast
    • Events
      • 🏆 Chief Officer Awards
      • 🏆 Pinnacle Awards
    • About
    • Contact Us
    LinkedIn YouTube X (Twitter)
    WashingtonExec
    You are at:Home»News»Mergers & Acquisitions»Triumph Group Sells Composites Business to Arlington Capital Partners
    Mergers & Acquisitions

    Triumph Group Sells Composites Business to Arlington Capital Partners

    By Ryann EnglandAugust 17, 2020
    Share
    LinkedIn Facebook Twitter Email
    Daniel J. Crowley
    Daniel J. Crowley, Triumph Group

    Triumph Group recently announced the sale of its composites operations to Arlington Capital Partners, a deal that includes Triumph Aerospace Structures composites locations in Georgia and Thailand.

    These two locations cover approximately 800,000 square feet of factory space, employ around 600 people, and provide engine composite fabrications and assemblies across commercial, business jet and defense platforms. 

    With the sale of Triumph’s composites business, Triumph continues to execute on its earlier announced Aerospace Structures strategic review, said Daniel Crowley, Triumph Group president and CEO. 

    “This transaction will further reduce debt and enhance liquidity while moving the company towards its future state as a leading provider of systems and aftermarket service,” he added. “We are excited to partner with Arlington Capital Partners who will benefit from the experienced workforce, significant capabilities, and embedded customer relationships at both factories.”

    Since 2016, Triumph has divested 13 non-core businesses as part of its transformation efforts to de-lever the company and enhance margins.

    The transaction is subject to customary closing conditions and will likely close in Triumph’s second quarter of FY21. Following the transaction’s close, the business will retain its management, technical and supporting staff, and will continue operations at the current facilities.

    Previous ArticleLeidos Taps Liz Porter to Serve as Health Group President
    Next Article WATCH: Modzy’s Josh Elliot on the Art of Buying AI

    Related Posts

    Top Health Care Execs to Watch in 2025: Acentra Health’s Dr. Ryan Bosch

    Lucy Martin Leads PingWind’s Strategic Shift Toward Mid-Tier Growth & Emerging Tech

    2025 Chief Officer Awards Winner: Empower AI’s Pamela Rothka

    Comments are closed.

    LinkedIn Follow Button LinkedIn Logo Follow Us on LinkedIn
    2025 Chief Officer Awards - Winners Revealed
    Latest Industry Leaders

    Top Cyber Execs to Watch in 2025

    Top Chief Technology Officers to Watch in 2025

    Load More
    Latest Posts

    Top Health Care Execs to Watch in 2025: Acentra Health’s Dr. Ryan Bosch

    June 16, 2025

    Lucy Martin Leads PingWind’s Strategic Shift Toward Mid-Tier Growth & Emerging Tech

    June 15, 2025

    2025 Chief Officer Awards Winner: B&A’s Jonathan Evans

    June 15, 2025

    2025 Chief Officer Awards Winner: Empower AI’s Pamela Rothka

    June 15, 2025

    Top Health Care Execs to Watch in 2025: CGI’s Steven Sousa

    June 15, 2025
    Quick Links
    • Executive Councils & Committees
    • Chief Officer Awards
    • Pinnacle Awards
    • Advertise With Us
    • About WashingtonExec
    • Contact
    Connect
    • LinkedIn
    • YouTube
    • Facebook
    • Twitter

    Subscribe to The Daily

    Connect. Inform. Celebrate.

    Copyright 2023 © WashingtonExec, Inc. | All Rights Reserved. Powered by J Media Group

    Type above and press Enter to search. Press Esc to cancel.