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Sumitomo Precision Products Co Ltd to Form Business Alliance with ALL NIPPON AIRWAYS CO.,LTD; to Acquire Airplane Landing Equipment Business from Subsidiary of ANA Holdings Inc


Wednesday, 7 Aug 2013 08:00pm EDT 

Sumitomo Precision Products Co Ltd announced that it will acquire the airplane landing equipment maintenance and repair business (MRO business) from ANA Component Technics Co.,LTD, which is a wholly owned subsidiary of ANA Holdings Inc, and make the business a new subsidiary (Company A), in April 2014. Company A will form a business alliance with ALL NIPPON AIRWAYS CO.,LTD and undertake MRO business from Ministry of Defense. 

Company Quote

254.1
-1.0 -0.39%
2:00am EDT