Triumph Group, Inc. (NYSE:TGI) has announced the sale of its Triumph Fabrications business units to aerospace and defense private equity firm Arlington Capital Partners. “Triumph Fabrications consists of four independent companies, which operate in five locations throughout the US. These sites encompass more than 1 million square feet of factory space dedicated to the aerospace industry by supporting complex sheet metal components and assemblies for fixed wing and rotorcraft platforms… Combined, the businesses generated revenues of approximately $150 million during Triumph Group’s fiscal year ended March 31, 2018.”
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