VT Aerospace Nixes Pemco Acquisition

AINmxReports » August 8, 2012
August 8, 2012, 1:37 PM

Vision Technologies Aerospace has terminated its asset purchase agreement with Pemco World Air Services, as reported in AIN in June. VT Aerospace intended to acquire Pemco’s Tampa aerospace facility and other assets. The decision to terminate the agreement was made after the seller could not fulfill certain conditions before the closing deadline. Alexandria, Va.-based VT Aerospace is the aerospace division of Vision Technologies Systems.

Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.