Haeco buys US aircraft maintenance firm

Swire Pacific’s subsidiary Haeco buys US-based aircraft maintenance firm Timco for $388 million.
The acquisition from hedge fund Owl Creek Asset Management is the second-largest US deal by a Hong Kong-listed company since 2011.
The acquisition from hedge fund Owl Creek Asset Management is the second-largest US deal by a Hong Kong-listed company since 2011.
October 24, 2013

Hong Kong Aircraft Engineering Company (Haeco) has agreed to buy Timco, a US-based provider of aircraft maintenance and repair services, for $388.8 million.

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